Shutterstock
Main page News, Banking, Cryptocurrency Exchanges

UK banking giant Standard Chartered has just announced it plans to open an institutional cryptocurrency exchange platform for UK and European clients.

As part of the process of creating this platform, SC Ventures, the bank's innovation and ventures branch, has teamed up with BC Group, the parent company of crypto exchange OSL, which is licensed in Hong Kong.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

The exchange, scheduled to launch in the fourth quarter of the year, aims to offer institutional clients the ability to trade cryptos such as BTC and ETH.

It must be noted that this is not the bank's only cryptocurrency-related initiative, as SC Ventures is working to launch Zodia Custody, a crypto custody service.

Read also:
Strawberry Cake Media Corp. © 2024 Cookie Policy Editorial team Archive

ihodl.com is an illustrated edition about cryptocurrencies and financial markets.
Every day we publish the best materials for everyone interested in economy.