Standard Chartered Opens UK Branch for Institutional Crypto Trading
2025-07-15 23:39:34
Main Idea
Standard Chartered has opened a UK branch for institutional crypto trading and plans to introduce non-deliverable forwards for digital assets, becoming the first global systemically important bank to offer direct cryptocurrency services.
Key Points
1. Standard Chartered will allow direct trading of Bitcoin (BTC) and Ether (ETH) through its UK branch.
2. The bank plans to introduce non-deliverable forwards (NDFs) trading in digital assets soon.
3. This move is driven by surging demand and a perceived pro-crypto stance from US political figures and institutions.
4. Standard Chartered is the first global systemically important bank (G-SIB) to offer such direct cryptocurrency services.
5. The shift contrasts with the previous discouragement of crypto-related services under the Biden administration.
Description
The financial giant Standard Chartered is set to enable institutional clients to directly trade bitcoin and ethereum on its existing platforms, with plans to introduce non-deliverable forwards for digital assets soon. Surging Demand, Shifting US Policy Drive Expansion Standard Chartered has announced it will enable institutional clients to directly trade bitcoin ( BTC) and ether
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