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.
1/11/2025 10:45:12 AM (GMT+1)
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 💼
34
Total views in all languages
Share: 100
x3
This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
Top Articles of the Last 10 Days
1inch recovers $5 million stolen after an attack on the old version of the Fusion v1 smart contract, the hacker returned the funds by agreement with the platform
El Salvador and Paraguay have signed a cooperation agreement on cryptocurrency regulation to combat illegal operations and improve control over money laundering
Utah removed the creation of a Bitcoin reserve fund from the HB230 bill, which now focuses on protecting the rights of miners and digital asset owners
Japan is reducing taxes on cryptocurrency and introducing new rules for regulating digital assets, including increased control over unregistered exchanges
The court dismisses the lawsuit against DOGE by Elon Musk, allowing access to data from the U.S. Department of Treasury despite concerns about leaks of confidential information
Senator Tim Scott proposes a bill to exclude "reputational risk" in banking regulations, with the goal of stopping the de-banking of cryptocurrency companies and legal businesses
Australia does not plan to create a strategic cryptocurrency reserve, despite the USA's initiative to include XRP, Bitcoin, and others in the national financial reserve
