Is Dwarven Hold legal in Standard, Modern, and Commander?

Dwarven Hold is legal in: Legacy, Vintage, Commander.

Dwarven Hold

Q: What type of card is Dwarven Hold?

Dwarven Hold is a Land. Its oracle text reads: "Dwarven Hold enters tapped.You may choose not to untap Dwarven Hold during your untap step.At the beginning of your upkeep, if Dwarven Hold is tapped, put a storage counter on it.{T}, Remove any number of storage counters from Dwarven Hold: Add {R} for each storage counter removed this way."

Land

Dwarven Hold enters tapped.<br>You may choose not to untap Dwarven Hold during your untap step.<br>At the beginning of your upkeep, if Dwarven Hold is tapped, put a storage counter on it.<br>, Remove any number of storage counters from Dwarven Hold: Add for each storage counter removed this way.