Tag: dubai

Standard Chartered and OKX Pioneer Crypto Collateral Pilot in Dubai

Standard Chartered and OKX Pioneer Crypto Collateral Pilot in Dubai

Standard Chartered and OKX just launched a very cool cryptocurrency collateral pilot program in Dubai. This program is running under the day-to-day regulatory watch of the Virtual Asset Regulatory Authority (VARA). This initiative combines Standard Chartered's established custodial services with OKX's cryptocurrency trading platform to establish a new standard for...

Dubai's Crypto Pilot: A Trojan Horse for Wall Street's Next Crisis?

Dubai's Crypto Pilot: A Trojan Horse for Wall Street's Next Crisis?

This Dubai crypto pilot – Standard Chartered, OKX, tokenized money market funds – pretty cool, right? “Innovation,” “institutionalization,” “increased capital efficiency” – the jargon is coming out thicker than Bitcoin during a bull market. This “first-of-its-kind collaboration” looks good on the surface, but there’s a Trojan Horse lurking within. Or...

Crypto Collateral Goes Mainstream: StanChart, OKX Pilot in Dubai

Crypto Collateral Goes Mainstream: StanChart, OKX Pilot in Dubai

The cryptocurrency world is maturing, and legacy finance is paying attention. A recent pilot program in Dubai, involving Standard Chartered and OKX, marks a significant step towards mainstream adoption of crypto. Token ATH! So let’s get ready to explore what all of this program entails. We’ll examine what it could...

Dubai's Crypto Pilot: A Bold Step or Regulatory Overreach?

Dubai's Crypto Pilot: A Bold Step or Regulatory Overreach?

We’re talking Dubai’s new crypto pilot program, led by Standard Chartered and OKX – it’s a headline maker, sure. And rightly so. The latter, we think, is the real promise of institutional titans finally dipping their toes (or perhaps, diving headfirst?) into crypto collateral. Tokenized money market funds, sound custody,...