CDS Crypto News Breaking Crypto News – Will Standard Chartered Spot BTC and ETH Trading Desk be a Game-Changer?
Crypto News

Breaking Crypto News – Will Standard Chartered Spot BTC and ETH Trading Desk be a Game-Changer?

303
Breaking Crypto News - Will Standard Chartered Spot Btc And Eth Trading Desk Be A Game-Changer

Breaking Crypto News – Analyzing Bloomberg’s Report on Standard Chartered’s Spot BTC and ETH Trading Desk

Breaking Crypto News – Bloomberg said on Friday that Standard Chartered (STAN) is setting up a spot trading desk for the purchase and sale of ether and bitcoin. According to the article, which cites people with knowledge of the situation, the bank’s FX trading unit will incorporate the new London-based desk when it opens for business.

We have been working closely with our regulators to support demand from our institutional clients to trade Bitcoin and Ethereum, in line with our strategy to support clients across the wider digital asset ecosystem, from access and custody to tokenization and interoperability,

Standard Chartered

Standard Chartered was among the first international banks to provide spot bitcoin trading, even though other institutions have been dealing with cryptocurrency derivatives for some time. This can be seen as an important step that will put it ahead of its competitors in the long run.

For more up-to-date crypto news, you can follow Crypto Data Space.

Breaking Crypto News - Will Standard Chartered Spot Btc And Eth Trading Desk Be A Game-Changer? 208107
Written by
lectertodd

Lectertodd is 28 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

1 Comment

Related Articles

Solana Price Struggles: Will SOL Break $124 Resistance?

Solana price shows volatility, with key resistance at $124 and support at...

Offchain Labs to Accumulate ARB: Strategic Purchase Sparks Investor Buzz

For more comprehensive information about Offchain Labs to accumulate ARB, please visit...

US Stock Market- US Stocks Get a Brief Boost While Economic Fears Loom

US stock futures rise slightly as investors brace for inflation data, while...

Tesla Share Price Hits New Low: Can It Recover from This Slump?

Tesla's share price plummeted 15% on Monday, marking its worst trading day...