Standard Chartered Broadens UAE Crypto Services With Direct Bitcoin and Ethereum Trading
Standard Chartered has launched direct cryptocurrency trading for Professional Investor clients in the UAE, following approval from Dubai’s Virtual Assets Regulatory Authority.
The service allows eligible customers to trade Bitcoin and Ethereum through their existing bank accounts, with the bank managing transactions, custody, and settlement.
Developed with support from Zodia Markets, the offering could expand to other markets, although the bank has not announced a rollout schedule.
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