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Standard Chartered’s crypto trading stays inside the bank

Standard Chartered’s crypto trading stays inside the bank

Photo: crypto.news

Standard Chartered has begun offering Bitcoin and Ether trading through existing bank accounts to Professional Investor clients in the UAE. Customers do not need a separate wallet, and the bank says it will handle custody and settlement within a closed loop system. The convenience has a defined boundary: the announcement explains how customers can buy and sell inside the bank but does not specify whether they can withdraw coins to a wallet they control. Standard Chartered launched BTC and ETH trading for UAE Professional Investor clients on October 14.

Source: crypto.news

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