Standard Chartered Breaks Ground with Bitcoin and Ethereum Services
2025-07-15 09:36:40
Main Idea
Standard Chartered has become the first global bank to offer Bitcoin and Ethereum trading services for institutional clients, with plans to potentially expand to a 24/5 operational model based on demand.
Key Points
1. Standard Chartered is the first global bank to offer Bitcoin and Ethereum trading services, initially available through its UK branches.
2. The service is currently limited to asset managers and multinational corporations, excluding retail investors.
3. The bank aims to secure an early market advantage by providing access not yet offered by competitors.
4. The initiative focuses on Bitcoin and Ethereum, with liquidity shifting to over-the-counter channels.
5. Standard Chartered's crypto custody arm, Libeara, may expand services in response to high demand.
Description
Standard Chartered launches spot Bitcoin and Ethereum trading for institutional clients. The service is integrated into existing FX platforms, simplifying usage. Continue Reading: Standard Chartered Breaks Ground with Bitcoin and Ethereum Services The post Standard Chartered Breaks Ground with Bitcoin and Ethereum Services appeared first on COINTURK NEWS .
Latest News
- Cryptocurrency Market Surprises with SEI and ONDO Price Movements2025-07-15 17:16:36
- Bitcoin Faces a Tough Time as US Markets Open2025-07-15 15:57:26
- Trump Supports Cryptocurrency and Eyes Bold Steps for the Future2025-07-15 15:56:21
- Bitcoin’s Plunge: What is Fueling the Sharp Decline?2025-07-15 15:19:29
- Massive Bitcoin Sales Trigger Market Tumbles2025-07-15 14:25:27