Standard Chartered: Will launch Bitcoin and Ethereum custody services in Hong Kong next year

According to Hong Kong media Ming Pao, Standard Chartered's CEO for Hong Kong and Greater China and North Asia, Mary Huen, stated that Standard Chartered will launch innovative digital asset solutions in Hong Kong next year, including digital asset custody services that support the two largest cryptocurrencies by market capitalization, namely Bitcoin and Ethereum, as well as strategic partnership programs with other institutions.

Standard Chartered Hong Kong pointed out that the bank plans to be the first to launch digital asset custody services supporting Bitcoin and Ethereum in Hong Kong in January next year, expanding the services currently offered in Luxembourg and the UAE (through the Dubai International Financial Centre).