Standard Chartered establishes a cryptocurrency trading desk for Bitcoin and Ethereum.
Standard Chartered, a leading global bank, is reportedly establishing a trading desk for Bitcoin and Ethereum, positioning itself as one of the first major banks to directly engage in spot cryptocurrency trading. The new crypto desk, operating from London as part of the bank's FX trading unit, is set to begin operations soon. This strategic move is in response to an increasing demand from institutional clients to trade Bitcoin and Ether.
June 21, 2024
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