Standard Chartered has opened a division in Luxembourg for cryptocurrency and digital asset custody, following the MiCA regulation, and plans to expand services with the acquisition of a CASP license 💼

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Standard Chartered has opened a division in Luxembourg to provide cryptocurrency and digital asset custody services to EU clients. This became possible due to the European regulation MiCA. Luxembourg was chosen for its progressive regulations and access to leading players in the digital asset field. The new CEO, Laurent Marojini, previously worked at Société Générale Luxembourg. The company plans to expand its services by obtaining a CASP license under MiCA standards.

This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.

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