Standard Chartered Said to Weigh Crypto Prime Brokerage
Standard Chartered is exploring the development of a cryptocurrency prime brokerage platform
Standard Chartered is exploring the development of a cryptocurrency prime brokerage platform
The US Federal Reserve has withdrawn a policy statement from 2023 that had effectively prohibited the banks it supervises from engaging with cryptocurrency.
The debt was issued for Galaxy Digital Holdings, marking a progressive move by a leading Wall Street institution into digital asset utilization.
The statement indicates a recalibration of priorities regarding the potential digitization of the national currency.
The Office of the Comptroller of the Currency, a national US bank regulator, announced Tuesday that banks can serve as intermediaries for cryptocurrency transactions.
JPMorgan is deepening its commitment to digital assets by launching its JPM Coin deposit token for use on a public blockchain.
Following a key political agreement among EU finance ministers on the digital euro’s framework, Italy’s banking sector has offered cautious support for the project.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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