Standard Chartered Bank will begin offering BTC and ETH custody services in the UAE

ChainCatcher news, according to Cointelegraph, multinational bank Standard Chartered has announced that it will begin offering cryptocurrency custody services in the United Arab Emirates, currently supporting the custody of BTC and ETH.

It is reported that Standard Chartered has launched the related custody services in collaboration with the cryptocurrency division of hedge fund Brevan Howard, Brevan Howard Digital. This custody solution has now received approval from the Dubai Financial Services Authority (DFSA), the specialized financial regulatory authority of DIFC.