Standard Chartered launches cryptocurrency trading services in the UAE, allowing professional investors to directly buy and sell BTC and ETH.

PANews October 14 news: Standard Chartered Bank has officially announced the launch of cryptocurrency trading services for high-net-worth clients, becoming the first international bank to offer such services in the UAE. The service has been licensed by the UAE Virtual Assets Regulatory Authority (VARA) and will initially be available to professional investors in the UAE, allowing clients to directly buy and sell Bitcoin (BTC) and Ethereum (ETH) through their existing Standard Chartered bank accounts without the need for separate wallets or third-party trading platforms.