Standard Chartered launches Bitcoin and Ether trading for wealthy UAE clients
Photo: crypto.news
Standard Chartered has launched a cryptocurrency trading service for wealthy clients in the United Arab Emirates, allowing eligible investors to buy and sell Bitcoin and Ether directly through their existing bank accounts. Standard Chartered has launched direct Bitcoin and Ether trading for eligible wealthy clients in the UAE after securing regulatory approval from VARA. Professional Investor clients can buy and sell cryptocurrencies through their existing bank accounts without using separate wallets or external exchanges. The service was developed with Zodia Markets and uses a closed loop model in which Standard Chartered manages custody and settlement.
Also reported by The Defiant.
Source: crypto.news
