Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country.<\/p>\n
The offering runs through Standard Chartered DIFC, the bank\u2019s arm in the Dubai International Financial Center (DIFC), which said it is the only global bank currently providing institutional digital asset spot trading in the region.<\/p>\n
The launch<\/a> adds trade execution to a custody service the bank already runs in the UAE. The trades are deliverable, so clients take possession of the underlying Bitcoin and Ether at settlement, and they can settle through a custodian of their choice, including Standard Chartered\u2019s own digital asset custody solution that went live in September 2024.<\/p>\n Trades run through the bank\u2019s electronic channels and sit inside its existing platforms, letting clients access the two assets through the same FX interfaces they already use. Standard Chartered DIFC is regulated by the Dubai Financial Services Authority (DFSA).<\/p>\n \u201cThe UAE has developed a clear digital assets regulatory framework that supports institutional participation and innovation,\u201d said Rola Abu Manneh, Chief Executive Officer for the UAE, Middle East and Pakistan at Standard Chartered. She said pairing execution with custody, governance, and the bank\u2019s global connectivity gives clients a more integrated way to participate in digital asset markets.<\/p>\n Standard Chartered first introduced<\/a> institutional Bitcoin and Ether spot trading through its UK branch in July 2025, the first G-SIB to offer deliverable spot crypto trading to institutional clients.<\/p>\n \u201cDIFC provides an established platform for international financial institutions to deploy global capabilities across markets,\u201d said Christopher Parsons, Senior Executive Officer at Standard Chartered DIFC. He said the arrangement combines the bank\u2019s global markets network with a regulated base for serving clients across the region.<\/p>\n The trading service sits inside a broader digital asset strategy that spans custody, trading and tokenization through Standard Chartered\u2019s Corporate and Investment Bank, with its ventures ecosystem reaching into Zodia Markets and Libeara.<\/p>\n The bank already lets institutional clients mint and redeem USDC<\/a> directly through its DIFC platform, a service it built with Circle. SC Ventures, its innovation arm, has backed<\/a> a $100 million digital asset joint venture in the UAE with Japan\u2019s SBI Holdings that targets market infrastructure, compliance tools, DeFi and tokenization.<\/p>\n The post Standard Chartered Extends Institutional Bitcoin and Ether Spot Trading to the UAE<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Standard Chartered extended its deliverable Bitcoin (BTC) and Ether (ETH) spot trading to institutional clients in the United Arab Emirates on September 3, becoming the first Global Systemically Important Bank (G-SIB) to offer the service in the country. The offering runs through Standard Chartered DIFC, the bank\u2019s arm in the Dubai International Financial Center (DIFC), […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-223354","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/223354"}],"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=223354"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/223354\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=223354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=223354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=223354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}A Wider UAE Digital Asset Push<\/h2>\n