Standard Chartered Opens Bitcoin and Ethereum Trading to Wealthy UAE Clients
Summary
Standard Chartered has received regulatory approval in Dubai to offer cryptocurrency trading services to its affluent clients. Wealthy individuals will be able to purchase Bitcoin and Ethereum directly through their existing bank accounts. The British financial institution will also manage all internal custody and settlement operations for these digital assets.
The British bank won Dubai regulatory approval to let affluent clients buy BTC and ETH straight from their bank accounts, with custody and settlement kept in-house.
Source: Read the full story at Decrypt
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