According to PANews, Standard Chartered Bank has launched spot trading services for Bitcoin and Ethereum for institutional clients through its UK branch to meet the growing demand for crypto assets. This is the first global systemically important bank to provide secure, compliant, and scalable spot trading services for Bitcoin and Ethereum.

Standard Chartered Bank stated that institutional clients include corporations, investors, and asset managers, who can trade digital assets through a familiar foreign exchange trading interface, and will offer non-deliverable forward trading services in the future. CEO Bill Winters emphasized that Standard Chartered aims to provide clients with secure, efficient, and regulatory-compliant paths for digital asset trading and risk management.