Standard Chartered's CEO in Hong Kong, Mary Huen, has affirmed the bank's support for virtual asset trading platform companies, stating that the group views virtual assets as an important part of the future of the financial sector. Huen noted that the bank has specific frameworks in place for opening accounts for these types of companies, provided they meet the bank's due diligence, anti-money laundering, and risk management requirements.
She added that the bank has already had successful cases of doing so. However, Huen also stated that Standard Chartered will exercise caution when it comes to companies dealing with cryptocurrencies that lack any form of support.
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