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StanChart Adds UAE Spot Crypto
Standard Chartered Puts Bitcoin on Its Dubai FX Rails — Its Third Crypto Product in Three Jurisdictions
Standard Chartered launched spot Bitcoin and Ethereum trading on its Dubai-based eFX institutional foreign-exchange platform, per CoinDesk and Bitcoin Magazine — described as the first top-tier global bank to offer spot crypto trading in the UAE, delivered on the bank's existing institutional FX infrastructure rather than a separate crypto venture. The launch is the bank's third jurisdiction-specific crypto product, after the Anchorpoint HKD stablecoin joint venture under Hong Kong's HKMA regime and its participation in Swift's shared-ledger pilot.
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2 sources
- Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates · bitcoinmagazine.com · T1
- Standard Chartered brings spot crypto trading to Dubai FX platform · coindesk.com · T1