StanChart unit to launch cryptocurrency trading venture
02/06/2021 11:02
HONG KONG, June 2 (Reuters) - A Standard Chartered PLC
STAN.L unit intends to establish a cryptocurrency brokerage
and exchange platform in the UK and Europe targeting
institutional clients, a statement published Wednesday showed.
The new exchange will be created by a joint venture between
SC Ventures, the bank's innovation arm, and BC Technology Group
0863.HK , which operates OSL, a Hong Kong licensed
cryptocurrency exchange.
(Reporting by Alun John in Hong Kong; editing by Jason Neely)
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