Standard Chartered launches UAE's first crypto trading by an international bank

Standard Chartered said the offering lets eligible affluent clients buy and sell Bitcoin and Ether directly through existing bank accounts, without separate wallets or third-party platforms. The bank manages custody and settlement through a closed-loop model, regulated by the Virtual Assets Regulatory Authority. The solution combines the bank's Wealth and Retail Banking and Corporate and Investment Banking businesses with SC Ventures-backed Zodia Markets. It launches first for Professional Investor clients in the UAE, with plans to expand to other markets. Samir Subberwal called it a milestone bringing digital assets into the bank's core wealth offering.

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• Crypto
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• Standard Chartered