Soter also received backing of 500 BTC and 2000 ETH, worth another $43 million at current prices. www.coindesk.com
Standard
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Markets
Standard Chartered’s Live RLUSD Custody Sets Up a Separate Collateral Test
by shayaanby shayaanReason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest …
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Odagiu’s path to CEO began with a fight over who controls the $BNB standard board. YZi Labs, a firm linked to Changpeng …
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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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Finance
SBI and Startale Join Open Standard to Pilot Yen-Dollar Stablecoin Settlement
by shayaanby shayaanThe announcement covers only a pilot exploration. No commercial service, production settlement, or trading activity is starting, and SBI and Startale have …
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SBI Holdings and Startale Group said on October 16 that they have joined Open Standard, the alliance behind the U.S. dollar stablecoin …
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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