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Standard Chartered Brings Institutional Crypto Trading to UAE

Guavy AI Editorial Team
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Standard Chartered has launched its institutional spot cryptocurrency service in the United Arab Emirates. This move expands on the bank's existing crypto offerings, which include digital-asset desks in other regions like the UK.

The new service allows institutional clients in the UAE to engage in spot transactions for major cryptocurrencies such as Bitcoin and Ethereum.

Standard Chartered's initiative is integrated into its regulated banking and foreign exchange platforms and offers custody support for over 75 cryptoassets.

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