Standard Chartered to Offer Bitcoin and Ethereum Custody in Hong Kong
According to CEO Mary Huen, Standard Chartered will launch Bitcoin and Ethereum custody services in January, expanding its offerings from Luxembourg and the UAE to Hong Kong.
BTC
ETH
Summary
Standard Chartered Hong Kong announced it will launch Bitcoin and Ethereum custody services in January, as confirmed by CEO Mary Huen. The expansion brings the bank’s existing digital asset offerings—currently available in Luxembourg and the UAE—to Hong Kong. The bank plans to form strategic collaborations with other institutions to strengthen its position in the digital asset market.
Terms & Concepts
- Digital asset custody: Secure management and safekeeping of cryptocurrencies or other blockchain-based assets on behalf of clients.
- Ethereum: A blockchain platform for decentralized applications and smart contracts.