Standard Chartered Opens Bitcoin and Ethereum Trading to Wealthy UAE Clients

Standard Chartered will now let its wealthier clients in the United Arab Emirates buy and sell Bitcoin and Ethereum straight from their bank accounts, the British lender announced Wednesday. The move eliminates the need for its affluent clients to rely on separate wallets or third-party platforms, the bank said. The service opens first to clients classified as Professional Investors and runs under licensing approval from Dubai's Virtual Assets Regulatory Authority , or VARA. The bank called it a global first for Standard Chartered and the first crypto trading offering from an international bank in the UAE.

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