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Standard Chartered launches institutional spot crypto trading in UAE

Source: reuters.com

Crypto & Digital AssetsBanking & LiquidityFintechCompany Fundamentals
Standard Chartered launches institutional spot crypto trading in UAE

Standard Chartered launched cryptocurrency spot trading in bitcoin and ether for institutional clients in the UAE, positioning itself as the first G-SIB to offer the service in the Gulf. The move modestly expands its institutional crypto offering and could support incremental fee and balance-sheet diversification, though it’s not quantified in the release.

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