Standard Chartered has launched its digital asset custody service in the United Arab Emirates (UAE), marking a significant step in the bank’s expansion into the digital asset sector. Brevan Howard Digital, the digital asset division of the British hedge fund Brevan Howard, is the first client to use this new service. The custody offering, which […]
BBVA has announced the integration of USD Coin (USDC), a leading stablecoin pegged to the U.S. dollar, into its cryptocurrency custody and trading services in Switzerland. This move aims to enhance the bank’s digital asset offerings for institutional clients, providing them with faster and more efficient trading options through blockchain technology. USDC, launched by Circle […]
The Hong Kong Monetary Authority (HKMA) has officially launched the Project Ensemble Sandbox, a groundbreaking initiative to advance the tokenization of assets in Hong Kong. This project is a key element of Project Ensemble, HKMA’s wholesale central bank digital currency (wCBDC) venture, aimed at supporting the development of the tokenization market. Launched in March 2024, […]