According to Foresight News, Standard Chartered Bank has officially launched digital asset custody services in the United Arab Emirates, as reported by FinanceFeeds. Initially supporting custody for Bitcoin and Ethereum, the service will expand its business scope in the coming months. This service has obtained approval from the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC). Brevan Howard Digital, the crypto and digital asset division of the UK hedge fund Brevan Howard, has become Standard Chartered Bank's first client in the region.