Standard Chartered Opens Bitcoin and Ether Trading to Wealthy UAE Clients
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Standard Chartered says affluent clients in the UAE will be able to trade bitcoin and ether directly through their existing bank accounts.
Standard Chartered announced Wednesday that it is enabling wealthy clients in the United Arab Emirates to buy and sell bitcoin and ether through their regular bank accounts.
The initiative expands the bank’s cryptocurrency services in the UAE, combining trading access with custody for affluent customers.
The bank manages nearly $1 trillion in assets. The supplied report did not specify fees, eligibility requirements beyond the target clientele, or the timing of wider availability.
Source: Bitcoin.com News
