$789 Billion Standard Chartered Sees Bitcoin Hitting $100,000 By Early Next Year
Standard Chartered’s new Bitcoin and crypto research team has predicted a $100,000 price target by early 2022.Standard Chartered’s new Bitcoin and crypto research team has predicted a $100,000 price target by early 2022, Reuters reported. The team also predicted Bitcoin could reach $175,000 “longer term”. The head of Standard Chartered’s new Bitcoin and crypto research unit, Geoffrey Kendrick, told clients in a note on Tuesday: “As a medium of exchange, bitcoin may become the dominant peer-to-peer payment method for the global unbanked in a future cashless world.""Cyclically, we expect a....
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Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting a number of cryptocurrencies including bitcoin, bitcoin cash, and ethereum. Standard Chartered Bank CEO Sees Opportunities in Cryptocurrencies The chief executive officer of Standard Chartered, Bill Winters, shared his views on digital currencies at Singapore’s annual Fintech Festival this week.....
Standard Chartered Bank has become the latest major bank to enter the metaverse. The bank has acquired “virtual land at The Sandbox metaverse’s Mega City district, a culture hub based on or inspired by Hong Kong talents.”
Standard Chartered Bank Forays Into the Metaverse
Standard Chartered Bank announced Tuesday that its subsidiary, Standard Chartered Bank (Hong Kong) Ltd. (SCBHK), has partnered with The Sandbox, a popular blockchain virtual gaming platform, “to create [a] metaverse experience.”
Standard Chartered is a leading global....
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to cryptocurrencies, such as bitcoin and ether. Standard Chartered joins a growing list of major banks worldwide that have embraced cryptocurrency. Standard Chartered Bank Diving Into Crypto Standard Chartered PLC (STAN.L) said Wednesday that the bank’s innovation arm, SC Ventures, will establish a cryptocurrency brokerage and exchange platform. The new exchange will be a joint venture between SC Ventures and BC Technology Group (0863.HK), a Hong....
Standard Chartered and OKX have announced a partnership expansion into Europe, bringing bank-backed crypto custody to institutions in the bloc. Standard Chartered & OKX Expand Crypto Partnership To EEA As revealed in a press release, OKX is expanding its partnership with Standard Chartered. The two first came together in April to launch a first-of-its-kind collateral […]
Major global bank Standard Chartered has announced a partnership with DCS to provide stablecoin settlements to DeCard users. Standard Chartered Has Partnered Up With DCS On Stablecoins As revealed in a press release, Standard Chartered is collaborating with DCS Card Center as the banking partner for DeCard, a credit card that enables users to make […]