Standard Chartered Secures Dubai License to Launch Crypto Custody Services in the UAE Standard Chartered has taken a significant step in expanding its cryptocurrency services by securing a license from Dubai regulators to offer crypto custody services in the United Arab Emirates (UAE). This move enables the global banking giant to provide institutional clients with secure and regulated storage solutions for digital assets, further solidifying Dubai's position as a growing hub for cryptocurrency and blockchain-based finance. Expanding Crypto Services in a Key Market The acquisition of the license is a key milestone for Standard Chartered, as it ventures deeper into the rapidly evolving world of digital finance. The UAE, particularly Dubai, has been proactive in positioning itself as a leader in the cryptocurrency sector. Over the past few years, Dubai has introduced several regulatory frameworks to govern the crypto industry, attracting international players to establish their op...