-
170-year-old bank now holds OKX institutional clients’ crypto in Europe
Standard Chartered, a major global banking group, is deepening ties with cryptocurrency exchange OKX, becoming its institutional custodian in the European Economic Area (EEA). Standard Chartered and OKX launched a collateral mirroring program in the EEA, allowing local institutional clients to keep their crypto directly in Standard Chartered’s custody, OKX announced on Wednesday. The launch marks an expansion of a pilot initially launched in Dubai in April, aiming to enable institutions to keep their assets with a globally systemically important bank (G-SIB) while mirroring the balances into OKX for trading. The ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From cnbc.com | Oct 16, 2025
Paxos, the blockchain partner of PayPal , mistakenly minted $300 trillion worth of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.” Market watchers had spotted the enormous injection of the PayPal PYUSD stablecoin on Etherscan — a block explorer and analytics platform for the Ethereum blockchain. Paxos had ...
From financemagnates.com | Oct 16, 2025
The Bank of England moved to calm industry concerns this week, emphasizing that proposed limits on stablecoin holdings and transaction sizes are only temporary. The central bank aims to give the financial system time to adjust while allowing stablecoins to play a role in the UK’s multi-currency payments system. In a speech at DC Fintech Week, Deputy ...
From theblock.co | Oct 16, 2025
Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group for $100 million. The acquisition allows Kraken to establish a fully U.S.-based derivatives trading platform, the company said in a Thursday announcement. “This step connects spot, futures, and margin products inside a single regulated liquidity system … Under ...
