{"id":222357,"date":"2026-09-03T15:14:25","date_gmt":"2026-09-03T15:14:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=222357"},"modified":"2026-09-03T15:14:25","modified_gmt":"2026-09-03T15:14:25","slug":"standard-chartered-debuts-bitcoin-trading-in-the-united-arab-emirates","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=222357","title":{"rendered":"Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates\u00a0"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates\u00a0<\/a><\/p>\n

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Multinational bank Standard Chartered announced Thursday that it had debuted bitcoin spot trading for institutional clients in the United \u200cArab Emirates.\u00a0<\/p>\n

The bank said that eligible institutional clients would be able to use the service \u2014 the first of its kind in the country.\u00a0<\/p>\n

Standard Chartered in 2024 launched digital asset custody services in the UAE, months before it debuted spot crypto trading in other countries.\u00a0<\/p>\n

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JUST IN: Standard Chartered Bank becomes first Global Systemically Important Bank to launch institutional Bitcoin trading in the UAE pic.twitter.com\/yeOMtcO7bo<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) September 3, 2026<\/a>\n<\/p><\/div>\n

\u201cThe UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,\u201d Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan at Standard Chartered, said.<\/p>\n

He added: \u201cBy combining execution with secure custody, governance and the connectivity of a global bank, we are providing clients with a more integrated way to participate in digital asset markets.\u201d<\/p>\n

Standard Chartered in 2025 set up a trading desk for bitcoin and other cryptocurrencies in London, making it one of the first global banks to enter spot cryptocurrency trading.<\/p>\n

The crypto desk became part of the forex trading operation. The bank the same year debuted a blockchain unit called Libeara to help institutions tokenize traditional assets.\u00a0<\/p>\n

Standard Chartered has lately said that bitcoin\u2019s price should continue to surge this year. Writing in an August note to investors, the bank\u2019s Global Head of Digital Assets Research, Geoffrey Kendrick, said<\/a> that a $100,000 price forecast by year-end was too low.\u00a0<\/p>\n

\u201cOnce investors remember how quickly prices can accelerate to the topside, and we get past the 6 October date (12 months after the all-time high) an overshoot towards the all-time high (USD126k) before year-end may be possible,\u201d he said, adding that bitcoin\u2019s bear market so far has been the shallowest on record.\u00a0<\/p>\n

This post Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates\u00a0<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Standard Chartered Debuts Bitcoin Trading In the United Arab Emirates\u00a0 Multinational bank Standard Chartered announced Thursday that it had debuted bitcoin spot trading for institutional clients in the United \u200cArab Emirates.\u00a0 The bank said that eligible institutional clients would be able to use the service \u2014 the first of its kind in the […]<\/p>\n","protected":false},"author":0,"featured_media":222358,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-222357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/222357"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=222357"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/222357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/222358"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=222357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=222357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=222357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}