TechFlow reports, Standard Chartered's Hong Kong CEO Helen Tse stated that the bank views virtual assets as an important part of the future of finance and has established a specific account framework for such companies.
As long as relevant companies meet due diligence, anti-money laundering, and risk management requirements, Standard Chartered is willing to provide banking services to virtual asset-related firms. However, the bank will take a more cautious approach toward companies involving cryptocurrencies that lack underlying support. Standard Chartered also noted that there have already been successful cases.
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