Standard Chartered Pioneers Institutional Crypto Trading in UAE with Deliverable BTC and ETH

Standard Chartered has become the first Global Systemically Important Bank (G-SIB) to offer institutional digital asset spot trading in the UAE. On September 3, the bank launched deliverable Bitcoin and Ether spot trading for institutional clients through its Standard Chartered DIFC arm.

The offering is available at the Dubai International Financial Centre (DIFC), where it's likely to boost institutional crypto adoption and regulated access to BTC and ETH.

This move could support increased institutional flows and market maturity in the region, as more institutions gain access to digital assets.