Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices. www.coindesk.com
Chartered
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Standard Chartered has upgraded a five-month courtship into a binding takeover. On October 21, the bank said it signed definitive agreements to …
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Markets
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
by shayaanby shayaanThe bank manages custody and settlement in-house via a closed-loop model, removing the need for separate crypto wallets. www.coindesk.com
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Scams
Standard Chartered Will Hold Ripple’s Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
by shayaanby shayaanIn brief Standard Chartered’s Dubai International Financial Centre branch now offers institutional custody for Ripple’s RLUSD stablecoin issued on the XRP Ledger. …
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Markets
Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link
by shayaanby shayaanRipple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure. www.coindesk.com
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Markets
Standard Chartered to expand institutional crypto and RWA custody to Singapore
by shayaanby shayaanThe bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. www.coindesk.com
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Standard Chartered initiated coverage of Sky’s $SKY token with a $0.325 price target for the end of 2028, up fivefold from the …
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Standard Chartered said on September 3 that it has expanded institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the United Arab …
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The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that …
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Adoption
Standard Chartered Becomes First Bank To Distribute Hong Kong Dollar Stablecoin
by shayaanby shayaanA global bank with $850 billion in assets is moving into the distribution layer for a Hong Kong dollar-pegged token, not as …