Standard Chartered Bank enters the UAE crypto custody market! 🚀

According to Odaily Planet Daily, the multinational bank Standard Chartered Bank announced that it will provide cryptocurrency custody services in the United Arab Emirates (UAE). The service will support the custody of Bitcoin (BTC) and Ethereum (ETH). It is worth noting that Standard Chartered Bank has partnered with Brevan Howard Digital, the cryptocurrency division of hedge fund Brevan Howard, to jointly launch this custody solution.

Even more exciting is that the custody service has been licensed by the Dubai Financial Services Authority (DFSA). This means that Standard Chartered Bank has taken another important step in its layout in the field of cryptocurrency, providing investors with a safer asset management option. 🔒

Although the overall market attitude is neutral, the outlook for Bitcoin remains optimistic! 🌟