Standard Chartered announced the launch of spot Bitcoin and Ether trading for institutions via Standard Chartered DIFC subsidiary, which it believes to be the first such offering by a global systemically important bank (G-SIB) in the Middle East. It follows the launch of spot cryptocurrency trading in the UK in July 2025.
The interface is integrated with the bank’s existing FX platform and customers can use their custodian of choice, including Standard Chartered. The bank recently bought out the minority stakes in its Zodia Custody subsidiary to reduce duplication of effort, and spun out Zodia Solutions to provide technology.
“DIFC (Dubai International Financial Centre) provides an established platform for international financial institutions to deploy global capabilities across markets,” said Christopher Parsons, Senior Executive Officer, Standard Chartered DIFC.
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
