Zodia Custody Secures New Luxembourg License to Expand Stablecoin Services Across the EU

🔸 Zodia Custody has obtained a Payment Institution license from Luxembourg's financial regulator (CSSF), enabling the company to provide regulated stablecoin custody and transfer services across the European Union under the MiCA framework.
🔸 The approval marks another step in Zodia's expansion within Europe's regulated digital asset market, as institutions increasingly seek compliant infrastructure for crypto and stablecoin operations.
🔸 The development comes amid Standard Chartered's proposed acquisition of Zodia Custody. On May 18, the bank confirmed that its preliminary offer had been accepted, with Zodia's regulated crypto custody operations expected to be integrated into Standard Chartered's digital asset custody business.
🔸 If completed, the deal would further strengthen Standard Chartered's position in the rapidly growing institutional digital asset sector while expanding its presence in the EU's regulated crypto market.
‍#BTC #news $BTC $GT $HYPE