Standard Chartered has launched an institutional spot cryptocurrency trading service in the United Arab Emirates. This offering enables transactions in major cryptocurrencies such as Bitcoin and Ethereum. The service is integrated into the bank’s regulated banking and foreign exchange platforms and supports custody for over 75 cryptoassets. This initiative reflects a broader trend of growing interest among major financial institutions in cryptocurrency markets. Market participants will monitor institutional inflows and trading volumes in the region, as well as regulatory developments.
Source: Read the original article
