Standard Chartered Bank launches spot trading services on Bitcoin and Ethereum for institutional customers

PANews July 15th news, Reuters reported that Standard Chartered Bank launched Bitcoin and Ethereum spot trading services to institutional customers through its UK branch to meet the growing demand for crypto assets. It is reported that the UK-based bank has become the first global systemically important bank to provide secure, compliant and scalable bitcoin and Ethereum spot trading services.

Standard Chartered Bank said that institutional clients, including businesses, investors and asset managers, can now trade digital assets through the familiar forex trading interface and will provide non-delivery forward trading services in the future. Standard Chartered CEO Bill Winters stressed that as customer demand further accelerates, Standard Chartered hopes to provide customers with a safe, efficient and regulatory-compliant digital asset trading and risk management path.

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