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Largest banks should fill void left in crypto following collapses, says Standard Chartered’s Geoff Kendrick
Largest banks should fill void left in crypto following collapses, says Standard Chartered’s Geoff Kendrick

In the final installment of a three-part interview series, Geoff Kendrick, head of crypto research and EM FX West at Standard Chartered Bank, outlines the lender’s approach to crypto and why he feels that we’re only now seeing the tip of the iceberg when it comes to exploring blockchain’s potential use cases.
Bitcoin could hit $100,000 by end-2024, Standard Chartered says
Bitcoin could hit $100,000 by end-2024, Standard Chartered says

Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on Monday, saying that the so-called "crypto winter" is over. Bitcoin could gain from factors including recent turmoil in the banking sector, a stabilisation of risk assets as the U.S. Federal Reserve ends its rate-hiking cycle and improved profitability of crypto mining, Standard Chartered's head of digital assets research Geoff Kendrick said in a note.
Standard Chartered-owned crypto custodian registers with Luxembourg regulator
Standard Chartered-owned crypto custodian registers with Luxembourg regulator

Zodia Custody, a crypto custodian owned by Standard Chartered, said on Friday it has registered its Irish unit with Luxembourg's financial regulator. The registration will allow Zodia to provide digital asset custody services for financial institutions in Luxembourg, the company said. According to the regulator's website, Zodia will be subject to supervision from the watchdog for compliance with rules around anti-money laundering and combating the financing of terrorism.
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