Author: Francisco Rodrigues

Standard Chartered has launched direct bitcoin and ether trading services for wealthy clients in the United Arab Emirates. The financial institution manages custody and settlement internally through a closed-loop system, eliminating the requirement for external digital wallets.

Sberbank plans to open crypto trading to all clients Dec. 1 and is already testing BTC, ETH and USDT trades in its app.

Coins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response.

Loans use third-party custodians for bitcoin holdings and rely on court-ordered sales if borrowers default.