PANews, July 15 - According to Reuters, Standard Chartered Bank has launched Bitcoin and Ethereum spot trading services for institutional clients through its UK branch to meet the growing demand for crypto assets. It is reported that this UK-based bank has become the first globally systemically important bank to offer secure, compliant, and scalable Bitcoin and Ethereum spot trading services.

Standard Chartered Bank has announced that institutional clients, including corporations, investors, and asset managers, can now trade digital assets through a familiar foreign exchange trading interface and will offer non-deliverable forward trading services in the future. Standard Chartered CEO Bill Winters emphasized that as client demand accelerates further, the bank aims to provide clients with secure, efficient, and regulatory-compliant digital asset trading and risk management solutions.