Subject to regulatory approval, UAE based Standard Chartered has signed a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) to collaborate on digital assets, including digital asset custody through its Zodia Custody entity. Standard Chartered plans to launch digital asset custody services, starting in DIFC and to cater to institutional clients worldwide. Standard Chartered is an early mover in developing services to provide custody of digital assets, including cryptocurrencies. Drawing on its international expertise in traditional custody, its new services will be powered by its subsidiary Zodia Custody, which has best-in-class operational and technical capabilities suited to needs of institutional clients. The MOU was signed during the latest   Dubai FinTech Summit by Essa Kazim, Governor of DIFC, and Bill Winters, Group Chief Executive Officer of Standard Chartered. Winters said, “We see digital assets as an important part of the fu...