Standard Chartered launches Bitcoin and Ether trading for wealthy UAE clients

CryptoVideos brief
Built from 4 sources 14 Oct 2026 · 08:25 UTC 1 min read Main editor: Earl Jacobson

Standard Chartered has launched direct Bitcoin and Ether trading for eligible wealthy clients in the UAE. The bank said clients can buy and sell BTC and ETH through existing bank accounts without separate wallets or external exchanges. The service uses a closed-loop model, with custody and settlement managed by Standard Chartered, and was developed with Zodia Markets. The bank said it received approval from Dubai's Virtual Assets Regulatory Authority.

Key points

Standard Chartered launched direct Bitcoin and Ether trading for eligible wealthy clients in the UAE.
Clients can buy and sell BTC and ETH through existing Standard Chartered bank accounts.
The service uses a closed-loop model aimed at reducing wallet risks.
The service was developed with Zodia Markets and approved by Dubai's VARA.
The launch follows Standard Chartered's institutional spot Bitcoin and Ether trading in the UAE.

Why it matters

Eligible UAE wealth clients can trade BTC and ETH without separate wallets or external exchanges, while the bank keeps custody within its existing accounts. Standard Chartered says the setup is designed to reduce third-party wallet risks.

Price context · BTC

At publication

$83,706.00

Now

$75,919.00

Change since

−9.30%

7 days

Sources · 4 publishers

The Defiant Tier 1 First report 14 Oct, 06:12 UTC

Standard Chartered Launches Bitcoin and Ether Trading for Affluent UAE Clients

Crypto.news Tier 2 14 Oct, 06:50 UTC

Standard Chartered launches Bitcoin and Ether trading for wealthy UAE clients

Cryptonews.com Tier 2 14 Oct, 09:17 UTC

Standard Chartered Launched UAE Crypto Trading

CoinGape Tier 2 14 Oct, 10:28 UTC

Standard Chartered Launches Direct Bitcoin and Ethereum Crypto Trading via Bank Accounts

Coverage timeline

Oct 14, 06:12First reported by The Defiant
Oct 14, 06:50Also reported by Crypto.news
Oct 14, 08:25CryptoVideos brief published
Oct 14, 09:17–10:282 more publishers added to sources
Oct 17, 05:30Brief updated

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error