Standard Chartered to Offer Digital Asset Custody in Singapore
The bank already offers bitcoin custody in other countries.
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The bank already offers bitcoin custody in other countries.
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The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements.
Eligible users will be able to send USDC abroad or send local-currency payouts to bank accounts in more than 60 countries, starting late October.
Eligible US Galaxy will be able to send USDC to crypto wallets and transfer funds to bank accounts in more than 60 countries.
Standard Chartered plans custody for cryptocurrencies, stablecoins and tokenized assets for institutional and eligible corporate clients in Singapore.
The bank said the service would extend its existing crypto custody footprint in the UAE, Luxembourg, and Hong Kong.
Tether, issuer of the USDT stablecoin, will help Kazakhstan's central bank study a tenge-pegged token and put real-world assets on a blockchain.
EQIBank, a bank used by Tether, had 80% of its assets frozen in a seizure that targeted Capstone Limited.
Russia’s largest bank has announced it is the first in the country to have been approved to custody bitcoin.
AI has made it cheap to link wallet addresses to the people behind them, and the permanence of the blockchain means records don’t age out.
The National Bank of Kazakhstan said it will study a local currency-linked stablecoin and tokenized real-world assets with Tether.
Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol. Sky is also rated B- by S&P.
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain.
Yearly buyer cohorts and U.S. spot ETF investors offer a map of potential support and resistance as bitcoin retreats below $84,000.
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed…
Russia registered its first crypto exchanges and custodians, including its largest bank, Sberbank, which plans to launch crypto products on Dec. 1.
Former BitMEX CEO Arthur Hayes says the AI infrastructure boom is being overbuilt and is betting an eventual crash and bailout will send crypto higher.
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The digital ruble’s early uptake comes as BRICS nations explore linking their digital currencies for cross-border trade and payments.
Winklevoss Asset Services filed for a spot Zcash ETF under ticker WINK, with Gemini as custodian and a 0.25% fee, rivaling Grayscale's ZCSH.
The asset manager says that artificial intelligence and digital assets are converging, and that AI adoption may be an underappreciated source of demand for crypto.
The exchange is increasingly aiming to position itself as a global financial tech platform spanning crypto, payments and tokenized assets, following an investment and…
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Ondo Finance launched a private-markets platform with tokenized notes tied initially to a pre-IPO artificial intelligence company.
Ondo’s tokenized notes will give eligible investors exposure to private companies, with the first tied to an unnamed pre-IPO AI company.
Solana Foundation launched an open-source program that lets institutions settle trades in seconds, not days. JPMorgan provided key inputs.
Built with input from J.P. Morgan, the open-source "DvP" program lets institutions settle trades atomically on Solana with finality in seconds instead of days.
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Jim Rickards says gold could hit $10,000 faster than expected, calling it simple math, backed by central bank buying and shifting dollar dynamics.
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The two firms will initially roll out the digital assets settlement service to select institutional clients in Asia and the Gulf region with around-the-clock U.S.
The partnership will enable select institutions in Asia and the Gulf region to instantly settle US dollar transactions through the bank’s SGB Net…
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