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Standard Chartered unlocks direct bitcoin and ether trading for affluent UAE clients
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Francisco Rodrigues
Source published: 14/10/2026, 08:10:07 UTC
Briefing created: 25/10/2026, 04:22:24 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 14/10/2026, 12:24:25 UTC.
Briefings
Standard Chartered announced it will offer direct trading of Bitcoin and Ethereum for high-net-worth clients in the UAE, utilizing an in-house custody and settlement model that eliminates the need for separate cryptocurrency wallets. This initiative marks a significant expansion of the bank's digital asset services within the region, providing a streamlined approach for affluent investors. The specific implementation details regarding transaction volumes, fee structures, or the number of supported assets are not provided in the available evidence.
Key points
- Standard Chartered will allow direct trading of Bitcoin and Ethereum for affluent UAE clients using an in-house custody and settlement model.
- The bank's approach removes the requirement for separate cryptocurrency wallets, simplifying the transaction process for its target demographic.
Context
Standard Chartered is expanding its digital asset services in the UAE, offering direct trading for Bitcoin and Ethereum to high-net-worth clients through an in-house custody and settlement model.
Limitations
The evidence is limited to the bank's internal custody and settlement model; specific details such as transaction volumes, fee structures, supported asset quantities, or the number of clients served are not provided.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 25/10/2026, 04:22:24 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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