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Standard Chartered launches Bitcoin and Ether trading desks for wealthy UAE clients after XRP pivot.

Market News
14 Oct 2026
UToday
View Source
Neutral
Standard Chartered launches Bitcoin and Ether trading desks for wealthy UAE clients after XRP pivot.

Following a hot US CPI report that pushed Bitcoin below $83,000, Standard Chartered has opened Bitcoin and Ether trading desks for wealthy clients in the UAE, marking the first international bank service of this kind in the region. This move follows the bank's earlier integration with the XRP Ledger for institutional custody and stablecoin trading. The crypto market is reacting to inflation data with increased volatility and forced liquidations, while upcoming US economic reports and the Fed meeting remain key focus points for investors. Meanwhile, Evernorth listed on Nasdaq with significant XRP holdings, and Ripple is advancing AI and wallet integrations on its ledger.

Standard Chartered's new Bitcoin and Ether desks provide context for crypto market activity. For readers following cryptocurrency, here is Pluang's market snapshot as of Oct 14, 2026 19:33 WIB: Out of 50 major cryptocurrencies, 18 rose and 31 fell. Bitcoin Cash (BCH) rose 2.48% to Rp4.930.374 with 59% buy orders and a typical hold time of 69 days. Kusama (KSM) dropped 2.39% to Rp82.082 with 90% sell orders and a hold time of 80 days. COTI fell 2.39% to Rp217 with 75% buy orders and a hold time of 121 days.

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