Standard Chartered plans to offer crypto custody services for institutional clients in Singapore, the British multinational has said. 

Institutional and corporate clients increasingly want secure, regulated, bank-grade custody for digital assets, the bank said Thursday. Standard Chartered already offers the service in the United ‌Arab Emirates, Luxembourg, and Hong Kong.

“Singapore is an important centre for financial innovation, with a strong institutional ecosystem and growing demand for trusted digital asset solutions,” Patrick Lee, CEO, Singapore and CEO, ASEAN & South Asia, Standard Chartered, said. 

JUST IN: 🇸🇬 Standard Chartered Bank announced its plans…

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