Crypto readiness score
3/3 status dimensions verified · 5 initiatives · last verified 2026-10-24
Score breakdown
How the number above is built — every input is a verified tracker status with a dated source.
| Component | Weight | Points | Basis (verified input) |
|---|---|---|---|
| Commercial availability | 35 | 35 | Live — commercial, within explicit scope · initiative |
| Regulatory standing | 25 | 12.5 | Approved / authorised (evidence needs review: ×0.5) · initiative |
| Technical delivery | 20 | 20 | Live — commercial, within explicit scope · initiative |
| Product breadth | 15 | 15 | 3 product categories with a verified status: Tokenized deposits, Stablecoin issuance, Custody & trading |
| Recent verified activity | 5 | 5 | Last verified change 2026-08-20 |
Score = sum of points, rounded. Only verified tracker statuses count; “Unknown” earns nothing and is never estimated. Methodology
Initiatives (5)
Regulatory, technical and commercial status are kept separate: an authorisation is not a launch.
Stablecoin issuance · Malaysia
Ringgit stablecoin for B2B settlement with Capital A (BNM DAIH)
- regulatory
- Unknown
- technical
- Pilot / proof of concept2026-02-11
- commercial
- Unknown
Standard Chartered Bank Malaysia, with Capital A, is listed by Bank Negara Malaysia among three initiatives onboarded to its Digital Asset Innovation Hub to test b2b settlement using MYR stablecoin in 2026.
Scope: Controlled test environment under BNM's DAIH; not a commercial launch.
In tracker · last verified 2026-10-24
Custody & trading · UK / global institutional
Deliverable spot bitcoin and ether trading for institutional clients
- regulatory
- Unknown
- technical
- Live — commercial, within explicit scope2025-07-15
- commercial
- Live — commercial, within explicit scope2025-07-15
Standard Chartered launched deliverable spot bitcoin and ether trading for institutional clients through its UK branch in July 2025, integrated with its FX platforms, with NDFs to follow.
Scope: Institutional clients; UK branch.
In tracker · last verified 2026-10-24
Custody & trading · UAE (DIFC) / global institutional
Standard Chartered digital asset custody (DIFC, UAE)
- regulatory
- Approved / authorised2024-09-10
- technical
- Live — restricted / specific counterparties2024-09-10
- commercial
- Live — restricted / specific counterparties2024-09-10
Standard Chartered launched a DFSA-licensed digital asset custody service in the DIFC in September 2024, initially for bitcoin and ether.
Scope: Institutional custody in the DIFC; initially bitcoin and ether.
In tracker · last verified 2026-10-23
Custody & trading · UK / global institutional
Zodia Custody (SC Ventures / Northern Trust) — UK
- regulatory
- Approved / authorised2021-07-29
- technical
- Live — commercial, within explicit scope2021-07-29
- commercial
- Live — commercial, within explicit scope2021-07-29
Zodia Custody, developed by Standard Chartered's SC Ventures with Northern Trust, received FCA cryptoasset registration in July 2021 and began commercial custody services.
Scope: Institutional custody; Standard Chartered subsidiary with Northern Trust.
In tracker · last verified 2026-10-23
Licences & registrations
Regulator records (or MiCA Art. 60 notifications — a notification, not an authorisation).
- Approved / authorised Standard Chartered digital asset custody (DIFC, UAE)
Regulator not named in reviewed source · 10 Sept 2024
Official institutionalStandard Chartered launches digital asset custody service in the UAE (opens source in new tab)
- Approved / authorised Zodia Custody (SC Ventures / Northern Trust) — UK
Regulator not named in reviewed source · 29 Jul 2021
Official institutionalStandard Chartered and Northern Trust Announce Zodia Custody Receives FCA Registration (opens source in new tab)
Partners & providers
From tracker records and verified item text only. “Co-named” means both appear in the same source — open it for context. Full map
- Swift · joint initiative (tracker)
- HSBC · joint initiative (tracker)
- visa · co-named in verified item
- Swift · co-named in verified item
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain
HSBC and Standard Chartered today announced the successful completion of bank-to-bank tokenised deposit interoperability through the execution of the first live cross-border transaction on Swift’s blockchain-based ledger.
Regulator records & actions
Register entries and regulator publications that name this institution.
- 2026-10-23Initiative expansion · Monetary Authority of SingaporeBank Negara Malaysia and Bank of Thailand join MAS-led BLOOM initiative on cross-border settlement in digital money
- 2026-07-30Primary record · Bank Negara MalaysiaDAIH initiatives list (row: Standard Chartered Bank Malaysia and Capital A) (opens source in new tab)
- 2026-04-10Licence / authorisation · Hong Kong Monetary AuthorityHKMA grants first stablecoin issuer licences to Anchorpoint and HSBC
- 2026-02-11Sandbox / innovation hub onboarding · Bank Negara MalaysiaBank Negara Malaysia onboards three ringgit stablecoin and tokenised deposit initiatives to its Digital Asset Innovation Hub
Markets (from stated target markets): Malaysia · United Kingdom · United Arab Emirates
Timeline
Status changes (tracker history), verified items and regulatory dates, newest first.
2026-10-23 · Item
Monetary Authority of Singapore
2026-10-21 · Item
Standard Chartered: Rethinking controls for institutional stablecoin adoption
Standard Chartered
2026-08-20 · Status
First live bank-to-bank tokenised deposit transaction (HSBC–Standard Chartered). A single live transaction; not commercial availability.
2026-08-20 · Item
HSBC and Standard Chartered execute first live tokenised deposit transaction on Swift's blockchain
HSBC
2026-07-08 · Status
Ledger ready for initial use.
2026-07-08 · Item
Swift's blockchain ledger ready for initial use as 17 banks prepare tokenised cross-border payments
Swift
2026-04-10 · Item
HKMA grants first stablecoin issuer licences to Anchorpoint and HSBC
Hong Kong Monetary Authority
2026-02-11 · Status
Onboarded to BNM DAIH testing (BNM announcement 11 Feb 2026; list as at 30 Jul 2026).
2026-02-11 · Item
Bank Negara Malaysia
2025-08-01 · Regulatory date
Hong Kong regulatory regime for stablecoin issuers comes into effect (opens source in new tab)
HK Stablecoins Ordinance · Hong Kong Monetary Authority
2025-07-15 · Status
Spot trading launched for institutional clients.
2024-09-10 · Status
Custody service launched in the DIFC with an inaugural institutional client.
2021-07-29 · Status
FCA registration under the Money Laundering Regulations; commercial operations began.
Full coverage for Standard Chartered · Data: /api/banks.json (CC BY 4.0) · Spot an error? Corrections
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