Standard Chartered expands digital asset services in EU 🇪🇺🪙; Italian banking giant Intesa Sanpaolo makes historic $1M Bitcoin investment 😳🏦; India's Groww to IPO at $8B valuation 🇮🇳🔔

FinTech is Eating the World, 14 January

Hey Everyone,

Good morning & happy Tuesday! Today’s issue is really interesting as we’re looking at Standard Chartered which just expanded its digital asset services in the EU (why this matters & what can we expect next + lots of bonus dives into digital assets & growing institutional adoption), Italian banking giant Intesa Sanpaolo that just made a historic $1 million Bitcoin investment (what it tells us & what’s next), and India's Groww that’s planning to go public at $8 billion valuation (why it matters & what it means for FinTech). So let’s just jump straight into the fascinating stuff 🌶️

Standard Chartered expands digital asset services in the EU 🇪🇺🪙

The news 🗞️ Standard Chartered has taken another step in its global digital asset strategy by establishing a new entity in Luxembourg to provide cryptocurrency custody services across the European Union.

This development comes as the bank positions itself to operate under the EU's Markets in Crypto Assets (MiCA) Regulation framework.

Let’s take a quick look at this and see why it matters.