Standard Chartered opens Bitcoin and Ether trading to wealthy UAE clients
Eligible affluent clients can now trade crypto through their existing bank accounts, with the bank handling custody and settlement itself.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
This story is no longer being updated. It reflects reporting up to .
What happened
Standard Chartered has launched cryptocurrency trading for affluent clients in the UAE, covering Bitcoin and Ether. Eligible investors can trade through their existing bank accounts. The bank manages custody and settlement in-house through a closed-loop model, so clients do not need separate crypto wallets.
Why it matters
The launch is described as a global first for Standard Chartered and the UAE's first cryptocurrency trading offering by an international bank.
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