Standard Chartered Launches UAE Spot BTC and ETH Trading Desk
Standard Chartered opens spot Bitcoin and Ether execution for institutions in the DIFC under DFSA oversight, extending its custody services.
Standard Chartered launched spot Bitcoin and Ether trading for institutional clients in the UAE.
The service operates through its DIFC entity regulated by the Dubai Financial Services Authority.
The trading desk adds execution capability to the bank's existing custody offering.
Unknowns
Client uptake volume and desk scale remain undisclosed. The exact operational start date within the announcement window is not specified.