It’s a step-by-step process for Standard Chartered, starting in Dubai, but with an eye on the bank’s strong presence across Asia, Africa and the Middle East. “The good thing is DIFC Dubai International Financial Centre allows us to offer services all over the world, technically speaking,” Chaudry said. “So if we have jurisdictional equivalence, and our license allows us to get clients on-boarded from other parts of the world, then we will do so in the interim, until we can actually deploy a local offering into that country.”
Related posts
-
MultiversX (EGLD) leads crypto gainers amid key wallet integration
MultiverseX (EGLD) is the top gaining cryptocurrency among top 100 coins by market in the past... -
U.S. Added 206K Jobs in June, Topping Estimates for 190K
The U.S. employment market remained strong in June, with the U.S. Bureau of Labor Statistics reporting... -
U.S. Crypto Stocks Sink in Pre-Market Trading as BTC Slumps
Software company MicroStrategy, which holds over 210,000 BTC, and bitcoin miner Hut 8 led declines as...