Standard Chartered Bank Expands Institutional-Grade Bitcoin and Ethereum Spot Trading to the United Arab Emirates
Source：
www.reuters.com
According to Reuters, Standard Chartered Bank announced on Thursday that it has launched spot trading services for Bitcoin and Ethereum for institutional clients in the UAE, becoming the first global systemically important bank to offer such services in the country. Eligible institutional clients can execute deliverable spot transactions for Bitcoin and Ethereum through its electronic trading channels and trade crypto assets via its foreign exchange interface. This service expands Standard Chartered’s digital asset business in the UAE, following the bank's launch of digital asset custody services locally in September 2024.
