Standard Chartered to cut 15% of back-office jobs as AI use escalates
Bill Winters’ new strategy aims to ‘drive sustainable growth’ at Asia-focused lender
Bitcoin News·
Standard Chartered expects DeFi protocols to gain importance as $4 trillion in tokenized assets move on-chain. The bank says stablecoins and real-world assets could expand protocol activity through deposits, lending, and capital efficiency. Tokenized Assets Put DeFi Protocols in Focus Standard Chartered Bank forecast in a report published on May 18 that tokenized assets on […]
Read full articleBill Winters’ new strategy aims to ‘drive sustainable growth’ at Asia-focused lender
Standard Chartered projects $4 trillion in tokenized assets onchain by 2028, with mature DeFi protocols as the main beneficiaries. Standard Chartered projects that $4 trillion in tokenized assets will sit onchain by the end of 2028, evenly split between stablecoins…
BoE and FCA consult on DLT for UK wholesale markets. Regulators seek input on rules, standards, and interoperability for tokenized assets and payments. This work is closely linked to the Bank of England–FCA Digital Securities Sandbox for live testing. UK financial regulators are shifting the digital finance landscape into high gear. The Bank of England […] The post Bank of England and FCA Unveil Tokenized UK Markets Proposal appeared first on Live Bitcoin News.
DeFi yields on blue-chip stablecoins now trail bank cash and tokenized Treasuries, forcing CoinEx to pitch Flexible Savings as a liquidity tool, not a rate stunt. CoinEx’s pitch for crypto-denominated savings now lands in a market where, for the first…
Standard Chartered will absorb Zodia Custody’s regulated business and spin out Zodia Solutions as banks build crypto custody in-house.
Standard Chartered will absorb Zodia Custody’s regulated crypto business and spin out Zodia Solutions, as big banks move to own core digital asset custody in-house.
Standard Chartered's acquisition of Zodia Custody's crypto business strengthens its position in the competitive digital-asset custody market. The post Standard Chartered plans to acquire Zodia Custody’s crypto business appeared first on Crypto Briefing.
Standard Chartered's acquisition enhances its competitive edge in the growing institutional crypto custody market, aligning with regulatory trends. The post Standard Chartered moves to take full control of Zodia Custody’s digital asset business appeared first on Crypto Briefing.