HONG KONG (Reuters) – A Standard Chartered PLC unit intends to establish a cryptocurrency brokerage and exchange platform in the UK and Europe targeting institutional clients, a statement published Wednesday showed.
The new exchange will be created by a joint venture between SC Ventures, the bank’s innovation arm, and BC Technology Group, which operates OSL, a Hong Kong licensed cryptocurrency exchange.
(Reporting by Alun John in Hong Kong; editing by Jason Neely)
