Standard Chartered Launches Crypto Trading for Clients
51 Articles
51 Articles
Standard Chartered Says It’s the First Global Bank to Offer Spot Bitcoin and Ether Trading
Cryptocurrency-friendly lender Standard Chartered is claiming bragging rights of being the first global bank to offer spot trading in bitcoin (BTC) and ether (ETH) to institutional clients.The offering, rolled out through the bank’s UK branches, is available initially via our U.K. entity, during Asia and Europe trading hours, with 24/5 access under consideration as client demand evolves, said Rene Michau, global head of digital assets.“Standard …
Standard Chartered has taken a major step in cryptocurrency by launching a fully regulated cash trading service for Bitcoin and Ethereum, specifically targeting institutional customers. This movement makes it the first global systemically important bank to offer direct access to dollar-matched cryptocurrency spot trading, opening the door to companies, investors and asset managers to get exposure to digital assets under the aegis of a trusted ba…
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