Standard Chartered launches direct Bitcoin trading for wealthy UAE clients
Image: Crypto.newsStandard Chartered launched direct Bitcoin and Ether trading for eligible wealthy clients in the United Arab Emirates. The service links directly to existing bank accounts. It uses a closed-loop model developed with Zodia Markets. The bank manages custody and settlement. Clients must meet professional investor criteria. This offering follows earlier institutional crypto trading rollouts in London and Dubai.
Key points
- Standard Chartered launched direct Bitcoin and Ether trading for wealthy clients in the United Arab Emirates.
- Eligible clients can buy and sell cryptocurrencies directly through their existing bank accounts.
- The service uses a closed-loop model developed with Zodia Markets where the bank manages custody and settlement.
- Clients must meet professional investor criteria that include investment knowledge and liquid net worth thresholds.
Why it matters
Affluent UAE clients can trade Bitcoin directly through their existing bank accounts without using external exchanges or separate wallets, using a closed-loop model with institutional custody.
Price context · BTC
At publication
$83,706.00
Now
$83,383.00
Change since
−0.39%
7 days · dashed line = publication
Sources · 3 publishers
Crypto.news
Tier 2
Standard Chartered launches Bitcoin and Ether trading for wealthy UAE clients
Crypto Briefing
Tier 2
Standard Chartered opens direct Bitcoin and ether trading to affluent UAE clients
Coverage timeline
- First reported by The Defiant
- Also reported by Crypto.news
- CryptoVideos brief published
How this brief was made. This event appears in reports from 3 publishers. AI drafted the brief from selected reports. Automated checks compare numeric values and topic terms with the source text, but may miss errors. Read the linked reports for context. Report an error
