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Liquidators are reportedly suing the Singapore arm of Standard Chartered over allegations the British banking giant enabled fraud that caused more than $2.7 billion in losses. The allegations are tied to the $4.5 billion embezzlement conspiracy carried out against the Malaysian sovereign wealth fund 1Malaysia Development Berhad, known as the 1MDB scandal, which began back in…
FalconX, a crypto prime broker, has formed a strategic partnership with global lender Standard Chartered to enhance its offerings for institutional clients. The partnership, announced today (Wednesday), highlights the increasing demand for digital assets. Providing Banking Infrastructure “As institutional demand for digital assets continues to grow, we’re proud to provide the banking infrastructure that enables…
By FxPro Market Picture Over the past seven days, the cryptocurrency market went from falling to $2.5 trillion to rising to $2.71 trillion but later corrected to the $2.65 trillion area. The recovery momentum lost strength near the previous consolidation zone. The market has so far failed to overcome the descending resistance line formed from…
In an interview with CNBC’s Street Signs on February 27, Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, offered insights on Bitcoin’s recent price decline and laid out a bold forecast for the world’s largest cryptocurrency. Despite near-term volatility, Kendrick expects Bitcoin to reach $200,000 this year and as high as $500,000 before…
Der Bitcoin Kurs war schon immer Gegenstand ambitionierter Prognosen, doch die neueste Vorhersage von Standard Chartered hebt das Ganze auf ein neues Level. Laut Geoffrey Kendrick, dem globalen Leiter der Digital Assets Research bei der Bank, könnte Bitcoin bis 2028 unglaubliche 500000 Dollar erreichen. Sein Argument? Eine Kombination aus verbessertem Zugang für Investoren und sinkender…
How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments How Modern Consumer Habits Are Transforming Global Payments The evolution of consumer expectations is reshaping the payments sphere worldwide. From seamless in-store purchases to instant cross-border transfers, the demand for secure…
A Republican sweep would allow the new government to push through positive policies for the digital assets sector, which could lead to total crypto market cap swelling to $10 trillion by the end of 2026, investment bank Standard Chartered (STAN) said in a research report on Friday. Source link
OKX, a cryptocurrency exchange and onchain technology company, announced today that it has selected Standard Chartered as a third-party crypto custodian for its global institutional business. Standard Chartered provides cross-border financial services connecting various markets worldwide. Standard Chartered Joins OKX Custody The agreement adds to OKX’s services for institutional clients, which include advanced trading tools,…
Standard Chartered is eyeing a spot cryptocurrency trading desk for Bitcoin and Ether. The bank would become the first global banking giant to make a foray into spot crypto trading. Standard Chartered backs institutional crypto trading platform Zodia Markets, an arm of Zodia Custody. Standard Chartered Plc. is reportedly setting up a spot trading desk…