Standard Chartered is developing a new initiative aimed at offering cryptocurrency brokerage and payment services to financial institutions.
The UK's most influential bank is making steady progress in integrating into the digital asset ecosystem. Through its innovation and venture capital arm, SC Ventures, Standard Chartered revealed it is working on creating a specialized brokerage service that aims to to meet the growing institutional demand through secure and efficient platforms within the crypto market.
Its recent initiative reflects the bank's intention to position itself as a key player in connecting traditional finance with the digital world, strengthening its role as a trusted intermediary in a rapidly evolving market.
Trade cryptocurrencies securely hereA tool for global banks to explore the potential of crypto and blockchain
The bank's decision to channel this new business model through SC Ventures is part of a strategy focused on combining operational agility with a solid regulatory compliance framework, a balance that has become essential within modern institutional banking.
This unit, although operating independently, has the full backing of the group, allowing it to explore cutting-edge technological solutions without being constrained by the typical limitations of traditional banking structures. According to sources consulted by BloombergThe talks are in an early stage and aim to create an infrastructure that offers institutional clients the same reliability in the management of crypto assets that they currently find in stock and foreign exchange markets.
The development of this project, internally identified as Project37CIt emerged as a strategic response to the advance of the digital economy. With over $849.000 billion under management, the bank possesses the stability and reputation necessary to generate trust among large investors who remain cautious about the crypto ecosystem but are eager for a regulated solution that allows them to explore its potential.
The reports prepared by the innovation team explain that the initiative is not limited to offering digital asset trading services. Rather, its vision encompasses the integration of custody solutions y asset tokenization tools designed to raise the standards of security and professionalism in institutional access to the blockchain environment.
Visit Bit2Me and buy crypto todayOvercoming regulatory challenges to integrate crypto and traditional banking
Large financial institutions face a constant challenge when it comes to complying with strict international capital standards. Basel III framework It establishes requirements that seek to ensure the stability of the global banking system, forcing banks to maintain proportionate reserves against the risks they assume.
In the case of cryptocurrencies like Bitcoin and Ethereum, regulation is particularly strict. Every dollar invested in digital assets must be backed by a dollar of equity, a condition that significantly increases the cost of direct exposure and makes holding these assets on traditional balance sheets unattractive.
Aware of this obstacle, Standard Chartered decided to pursue an approach better suited to the current regulatory environment. Through Project37C, the bank aims to present a more efficient and internationally compliant way for banks to interact with digital assets without compromising their capital levels. Its new initiative proposes a structure designed to offer safe and regulated exposure, opening a door that until now has remained almost closed to the traditional financial sector.
Create your free account and access cryptoAccording to full test According to experts in digital banking regulation, such as Anna Irrera of Bloomberg, the structure under which Project37C is designed resolves regulatory barriers by transforming direct investment into a bank-grade institutional intermediation and custody serviceBy operating under this framework, the entity is able to comply with anti-money laundering and counter-terrorism financing regulations, providing institutions with an access ramp that integrates seamlessly with traditional audit systems.
The analyst asserts that the development of this initiative is “another sign that large global and systemic banks are beginning to consider cryptocurrencies as an asset class that deserves their attention, largely thanks to a more favorable regulatory environment, especially in the US,” and that these types of services are considered a key element for the next phase of growth in the crypto market.
Although there is still no official date for the commercial launch of these services, the strategic decisions being made by Standard Chartered reinforce the idea that cryptocurrencies continue to gain legitimacy and that the banking sector maintains a solid and sustained development path.
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