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Standard Chartered jumps into crypto trading after HSBC darts away

Standard Chartered is hopping on the crypto trading bandwagon. The British banking giant today announced that its innovation unit, SC Ventures, will launch a digital asset brokerage and exchange platform for institutional clients in Europe. StanChart is establishing the venture alongside BC Technology Group, the parent company of Hong Kong-licensed digital-asset platform OSL. The partnership will be based in the UK and offer trading in Bitcoin, Ethereum, and other digital assets. Alex Mason, the head of SC Ventures, said the platform will enable safe adoption and trading by the world’s largest investors: We have a strong conviction that digital assets are here to…

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