Standard Chartered has launched a crypto trading service for affluent clients in the UAE, allowing them to buy and sell bitcoin and ether directly through their bank accounts. This service uses a closed-loop model for custody and settlement, eliminating the need for separate crypto wallets or third-party platforms. It is the first international bank to offer such a service in the UAE and marks Standard Chartered's global debut in direct crypto trading for wealthy clients. The bank has received licensing approval from Dubai's Virtual Assets Regulatory Authority and plans to expand this offering to other markets in the future.
Standard Chartered's new crypto trading service for UAE clients offers direct bitcoin and ether trades. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 14, 2026 15:21 WIB: out of 50 major cryptocurrencies, 15 rose and 34 fell. Notable movers include CAKE at Rp42.179 (+2.62%), BCH at Rp5.032.761 (+2.50%), and ATOM at Rp32.690 (-2.41%).
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