Standard Chartered rolls out direct bitcoin and ether trading in UAE
Standard Chartered has launched direct bitcoin and ether trading for eligible affluent and professional clients in the UAE, allowing them to trade digital assets through existing bank accounts.
Standard Chartered has launched a cryptocurrency trading service in the United Arab Emirates, allowing eligible affluent and professional clients to trade bitcoin and ether directly through their existing bank accounts. The move makes Standard Chartered the first international bank in the UAE to offer direct crypto trading through its clients' bank accounts.[3][1][4][7]
The service relies on an internal closed-loop architecture where Standard Chartered oversees end-to-end custody and settlement. The bank said this structure removes the need for customers to manage external crypto wallets or use third-party platforms, lowering exposure to third-party wallet security risks.[3][5][6][4]
The trading offering secured regulatory approval from Dubai's Virtual Assets Regulatory Authority. Standard Chartered has indicated plans to widen access to more market participants as it expands its crypto services in the region.[1][4]
Key facts
- Standard Chartered launched direct bitcoin and ether trading for eligible affluent and professional clients in the UAE.
- Transactions are conducted directly through existing bank accounts without requiring external exchanges or separate crypto wallets.
- The bank handles end-to-end custody and settlement in-house through a closed-loop model to minimize third-party wallet risks.
- Standard Chartered is the first international bank in the UAE to provide direct crypto trading via bank accounts.
- The trading service received regulatory clearance from Dubai's Virtual Assets Regulatory Authority.
- Standard Chartered plans to expand digital asset trading access to more market participants.
Sources · 7 sources
- CT
Coin TelegraphArticle ·
Standard Chartered expands Bitcoin and Ether trading to professional investors in UAE Standard Chartered expanded its spot crypto trading services to professional investors in the UAE region, with plans to offer access to more market participants.
Open source - CB
Crypto BriefingArticle ·
Standard Chartered opens direct Bitcoin and ether trading to affluent UAE clients Standard Chartered's move signals growing mainstream acceptance of crypto in banking, enhancing UAE's status as a regulated crypto hub. The post Standard Chartered opens direct Bitcoin and ether trading to affluent UAE clients appeared first on Crypto Briefing .
Open source - TB
The Block@TheBlockCoPost on X ·
THE BLOCK: Standard Chartered has launched a crypto trading solution for affluent clients in the UAE. This lets them buy and sell bitcoin bitcoin:native and ether ethereum:native directly through existing bank accounts. The bank said it will handle end-to-end custody and settlement in a closed-loop model, reducing exposure to third-party wallet risks.
Open source - AI
Analytics Insight@analyticsinmePost on X ·
𝐒𝐭𝐚𝐧𝐝𝐚𝐫𝐝 𝐂𝐡𝐚𝐫𝐭𝐞𝐫𝐞𝐝 𝐁𝐞𝐜𝐨𝐦𝐞𝐬 𝐅𝐢𝐫𝐬𝐭 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐚𝐧𝐤 𝐭𝐨 𝐎𝐟𝐟𝐞𝐫 𝐂𝐫𝐲𝐩𝐭𝐨 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐢𝐧 𝐔𝐀𝐄 Standard Chartered has launched direct Bitcoin (BTC) and Ethereum (ETH) trading for wealthy UAE clients! 🇦🇪 Eligible investors can now buy and sell crypto through their existing bank accounts without using external exchanges or separate wallets. The service has received regulatory approval from Dubai’s VARA, marking a new step in the bank’s crypto expansion. 🏦₿ #StandardChartered #Bitcoin #Ethereum #CryptoTrading #UAE #AI #AINews #AnalyticsInsight #AnalyticsInsightMagazine Read More 👇 https://t.co/Av2jK6iBRb
Open source - CO
CoindeskArticle ·
Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients The bank manages custody and settlement in-house via a closed-loop model, removing the need for separate crypto wallets.
Open source - TM
That Martini Guy ₿@MartiniGuyYTPost on X ·
Standard Chartered is making it easier for wealthy investors to buy Bitcoin. Eligible professional investors in the UAE can now trade BTC and ETH directly through their existing bank accounts, without needing separate wallets or third-party platforms. When a major international bank brings crypto trading into its existing services, it makes digital assets more accessible to traditional investors. I expect more banks to follow as demand for Bitcoin continues to grow.
Open source - BM
Bitcoin Magazine@BitcoinMagazinePost on X ·
JUST IN: Standard Chartered becomes the first international bank in the UAE to offer Bitcoin trading directly through eligible clients' bank accounts 👀 https://t.co/uPVQV9D8SJ
Open source