Standard Chartered-owned crypto custodian registers with Luxembourg regulator

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Reuters UK

By Elizabeth Howcroft LONDON (Reuters) – Zodia Custody, a crypto custodian owned by Standard Chartered, said on Friday it has registered its Irish unit with Luxembourg’s financial regulator. The registration will allow Zodia to provide digital asset custody services for financial institutions in Luxembourg, the company said. According to the regulator’s website, Zodia will be subject to supervision from the watchdog for compliance with rules around anti-money laundering and combating the financing of terrorism. “There is a massive opportunity for financial institutions to offer a range of prod…

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