Standard Chartered becomes first Global Systemically Important Bank to launch Institutional Bitcoin and Ether spot trading in the UAE

DFSA regulated offering extends access to digital assets through the DIFC and supports the UAE’s efforts to be a leading global centre for financial innovation

Press Release

Dubai, United Arab Emirates: Standard Chartered today announced the expansion of its institutional Bitcoin (BTC/USD) and Ether (ETH/USD) spot trading in the UAE through ‘Standard Chartered DIFC’. 

This makes Standard Chartered the first Global Systemically Important Bank (G-SIB) to offer the capability in the market and the only global bank currently offering institutional digital asset spot trading in the region. The move further broadens the bank’s regulated digital asset offering in the UAE by adding execution to its custody offering. 

The capability enables eligible institutional clients to access deliverable Bitcoin and Ether spot trading through Standard Chartered’s electronic trading channels. It is integrated into the Bank’s existing platforms, enabling clients to access crypto-asset trading through familiar FX interfaces.