Standard Chartered opens UAE institutional crypto trading
Standard Chartered has begun offering institutional clients spot trading in Bitcoin and Ether through its Dubai International Financial Centre entity, extending its regulated digital-asset business in the UAE from custody into trade execution. The bank said on Thursday the service makes it the first global systemically important bank to provide institutional digital-asset spot trading in the UAE.…
Standard Chartered is expanding its institutional Bitcoin and Ether spot trading in the UAE through its entity in the Dubai International Financial Centre (DIFC), known as Standard Chartered DIFC.
The move is part of the bank's efforts to grow its digital assets business.
No further details on the expansion were provided in the reports.
Brief written by urgent.news from Finextra, The Chronicle Ghana — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
