UK-based Banking Giant Standard Chartered Launches Bitcoin and Ethereum Spot Trading for Corporate Clients

Standard Chartered announced it has become the first global systemically important bank to offer regulatory-compliant, secure, and scalable spot trading for Bitcoin and Ethereum. This service targets institutional clients, including corporations, investors, and asset managers, allowing them to execute BTC and ETH transactions via traditional foreign exchange (FX) interfaces. The UK branch will provide these services and plans to introduce non-delivery forward (NDF) services shortly.

CEO Bill Winters stated, “As customer demand grows rapidly, we want to provide a way for them to conduct digital asset transactions safely and efficiently within regulatory frameworks.” This initiative is seen as a significant step in legitimizing crypto assets within the traditional financial sector and highlights ongoing institutional interest in the crypto market.

Note: This is not investment advice.