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Business · Updated 14 Oct, 04:01 pm IST

Standard Chartered starts direct Bitcoin and Ethereum trading for UAE professional clients

Image: Gadgets 360

Why it matters for readers: Explains that you can now trade Bitcoin and Ethereum directly through a bank in the UAE, not just crypto exchanges.

  • Standard Chartered is offering direct trading in Bitcoin and Ethereum to eligible Professional Investor clients in the UAE.1
  • The service was launched following approval from Dubai’s Virtual Assets Regulatory Authority (VARA).1
  • Clients can trade through their existing bank accounts while the bank handles transactions, custody and settlement.1
  • Standard Chartered developed the offering with support from Zodia Markets and said it could expand to other markets, though no rollout schedule was announced.1
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