Standard Chartered launches spot Bitcoin and Ether trading in UAE

Standard Chartered has officially launched spot trading for Bitcoin and Ether in the United Arab Emirates, marking a significant expansion of its crypto‑asset services in the region. The move comes after the UAE’s regulatory framework was refined to accommodate digital asset trading, allowing banks to offer secure, compliant exposure to major cryptocurrencies. By providing direct access to spot markets, the bank aims to attract institutional clients and high‑net‑worth individuals seeking regulated investment options. Standard Chartered will also offer custody and settlement services

Standard Chartered said it is the first major global bank to offer institutional access to spot Bitcoin and Ether trading in the UAE region.


Source: Cointelegraph

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