Standard Chartered Brings Bitcoin Trading and Custody to Affluent UAE Clients
On Wednesday, the banking giant managing nearly $1 trillion in assets, Standard Chartered, revealed it is making new moves inroads in the United Arab Emirates (UAE). The bank explained that it is making it possible for wealthy clients in the UAE to buy and sell bitcoin and ether directly through their regular bank accounts. Standard […]
Standard Chartered, a bank with nearly $1 trillion in assets, is now offering bitcoin and ether trading and custody to affluent clients in the UAE through their regular bank accounts. This marks another major traditional financial institution integrating crypto services, potentially boosting adoption and legitimacy in the region. Traders may view this as a positive signal for institutional demand and broader acceptance of BTC and ETH.
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