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Banking giant Standard Chartered has reportedly received a license in Luxembourg to offer crypto custody services through a new entity. The bank stated that the new entity in Luxembourg acts as its “EU regulatory entry point” for offering crypto and digital asset custody services. This comes after the Markets in Crypto Assets (MiCA) regulation came into full effect on Dec. 30. Standard Chartered has named Laurent Marochini as the new CEO of its Luxembourg operations.

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Comment 1
Sheikh Rony
Buy the Dip 🤑