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Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
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Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
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At SCO Meet, India Says No Place For "Double Standards" On Terrorism
Stating that connectivity is crucial for the progress of any region, India said that it is essential to uphold the basic principles of the Shanghai Cooperation Organisation (SCO) charter and respect the sovereignty and territorial integrity of the me
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US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday.
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Chartered Accountancy 2024 Exams To Be Held In New Pattern, Check Details
ICAI has formulated the New Scheme of Education and Training in line with International Education Standards and National Education Policy, 2020 (NEP).
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Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
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Bitcoin Value Could Reach $50,000 Mark This Year, $120,000 by End of 2024, Says Standard Chartered
The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the recent jump in its price could encourage bitcoin "miners" to hoard more of the supply.
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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
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Vedanta Repays $100 Million To Standard Chartered Bank
Vedanta Resources had said it has pre-paid all of its debt that was due for repayment till March 2023, deleveraging by $2 billion in the past 11 months.
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Reliance Jio Gets NCLT’s Nod to Acquire Reliance Infratel
Reliance Jio has received the National Company Law Tribunal (NCLT)’s approval for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets.
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Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
-
SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
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Rupee Holding Its Ground Clouds Export Appeal: Report
India faces the risk of losing its export advantage as the rupee holds ground amidst a rapid weakening of other trade-dependant Asian currencies, Standard Chartered Bank's head of South Asia economic research said on Friday.
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Standard Chartered Raises Current Account Deficit Estimate
Standard Chartered on Wednesday raised its estimate of India's current account deficit (CAD) as a share of the gross domestic product for 2023, citing higher commodity prices and chances of an export slowdown.
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Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
-
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
Standard Chartered Bank Announces Digital Custody Service for Bitcoin, Ether in UAE
London-headquartered Standard Chartered bank launched a custody service for digital assets in the UAE. As per Margaret Harwood-Jones, Global Head of Financing and Securities Services at Standard Chartered, the newly launched service goes beyond just simple wallet offerings.
-
At SCO Meet, India Says No Place For "Double Standards" On Terrorism
Stating that connectivity is crucial for the progress of any region, India said that it is essential to uphold the basic principles of the Shanghai Cooperation Organisation (SCO) charter and respect the sovereignty and territorial integrity of the me
-
US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts
The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday.
-
Chartered Accountancy 2024 Exams To Be Held In New Pattern, Check Details
ICAI has formulated the New Scheme of Education and Training in line with International Education Standards and National Education Policy, 2020 (NEP).
-
Standard Chartered Bank Joins China’s CBDC Pilot Trials : All You Need to Know
Standard Chartered China has become the latest bank that has joined China’s CBDC pilot. This means that Standard Chartered Bank in the Asian nation will now allow its users to access the digital version of the Chinese Yuan.
-
Bitcoin Value Could Reach $50,000 Mark This Year, $120,000 by End of 2024, Says Standard Chartered
The value of top cryptocurrency bitcoin could reach $50,000 this year and $120,000 by the end of 2024 Standard Chartered said on Monday, predicting the recent jump in its price could encourage bitcoin "miners" to hoard more of the supply.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
Vedanta Repays $100 Million To Standard Chartered Bank
Vedanta Resources had said it has pre-paid all of its debt that was due for repayment till March 2023, deleveraging by $2 billion in the past 11 months.
-
Reliance Jio Gets NCLT’s Nod to Acquire Reliance Infratel
Reliance Jio has received the National Company Law Tribunal (NCLT)’s approval for the acquisition of Reliance Infratel (RITL). The tribunal asked Jio to deposit Rs 3,720 crore in the State Bank of India (SBI) escrow account to complete the acquisition of RCOM's tower and fibre assets.
-
Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
-
SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
-
Rupee Holding Its Ground Clouds Export Appeal: Report
India faces the risk of losing its export advantage as the rupee holds ground amidst a rapid weakening of other trade-dependant Asian currencies, Standard Chartered Bank's head of South Asia economic research said on Friday.
-
Standard Chartered Raises Current Account Deficit Estimate
Standard Chartered on Wednesday raised its estimate of India's current account deficit (CAD) as a share of the gross domestic product for 2023, citing higher commodity prices and chances of an export slowdown.
