StanChart’s Crypto Custody Arm Gets Luxembourg Permissions
- Zodia Custody to announce registration of unit in region
- Firm is targeting funds, seeking approvals in France, Spain
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Standard Chartered-owned crypto custodian Zodia Custody Ltd. has secured registration as a virtual asset service provider in Luxembourg, expanding its reach into Europe.
The London-headquartered firm will announce the registration of its Irish subsidiary with the Commission de Surveillance du Secteur Financier, or CSSF, in Luxembourg on Friday, Zodia Custody Ireland chief executive officer John Cronin said in an interview with Bloomberg News.