According to Cointelegraph, Standard Chartered expanded its spot cryptocurrency trading services for Bitcoin and Ether to professional investors in the United Arab Emirates. The expansion includes plans to increase access for additional market participants within the region.
The move allows professional investors in the UAE to trade Bitcoin and Ether through Standard Chartered’s existing spot crypto platform. No details were provided regarding timelines, eligibility criteria, number of participants, or regulatory approvals beyond what is stated publicly.
Standard Chartered previously offered limited crypto trading capabilities; this update reflects an extension of those services under the professional investor category in the UAE market. The company indicated intention to offer broader access moving forward.
