Standard Chartered Enters EU Digital Asset Market with Luxembourg License

Standard Chartered has secured a license in Luxembourg to provide digital asset custody services, marking its entry into the European Union (EU) under the Markets in Crypto Assets (MiCA) Regulation. This move aligns with the bank’s global digital asset strategy and follows its recent launch of similar services in the UAE. Led by CEO Laurent Marochini, the Luxembourg entity aims to meet growing EU demand for secure digital asset solutions. Margaret Harwood-Jones, Global Head at Standard Chartered, emphasized the bank’s commitment to reshaping traditional finance with safe, regulated digital asset offerings.