Standard Chartered officially offers spot trading for Bitcoin and Ethereum through its branch in the UK, marking an important step in integrating digital assets into traditional finance.
This strategy not only helps the bank keep pace with global trends but also facilitates businesses and investors in managing cryptocurrency risks safely and effectively.
MAIN CONTENT
Standard Chartered implements spot trading for Bitcoin and Ethereum in the UK for institutional clients.
The bank adopts global standards for infrastructure and cryptocurrency risk governance.
Expand services to include custody, trading of digital assets, and tokenization of real assets.
What has Standard Chartered done to fully integrate digital assets?
The bank has launched spot trading services for Bitcoin (XBT/USD) and Ethereum (XET/USD) for institutional clients through its branch in the UK, seamlessly integrating digital assets into the traditional financial system.
Bill Winters, CEO of Standard Chartered, emphasized: "Digital assets are the foundation for innovation, driving inclusivity and growth in the industry. As customer demand rises, we want to provide a safe and efficient way to trade and manage risk within a regulatory framework."
How does Standard Chartered apply global standards in cryptocurrency trading?
Tony Hall, Global Head of Trading and XVA at Standard Chartered, affirmed that the bank uses international experience, modern infrastructure systems, and strict risk governance mechanisms to build trust with clients.
"The application of international standards helps us not only meet but exceed expectations as the cryptocurrency market rapidly evolves, thus expanding opportunities for our clients."
Tony Hall, Global Head of Trading and XVA, 2024
This reflects the bank's efforts to standardize its cryptocurrency services, aligning with the global trend of widespread adoption of digital assets.
How does Standard Chartered expand the digitalization of digital and real assets?
In addition to spot trading, the bank also offers custody and trading services for digital assets through the Corporate and Investment Bank department and collaborates with Zodia Markets.
Additionally, through a joint venture with Libeara, they are developing a service for tokenizing real financial assets, creating a bridge between traditional assets and cryptocurrencies.
"The combination of real asset tokenization and custody services enables clients to diversify their portfolios while managing digital assets more effectively."
Bill Winters, CEO of Standard Chartered, 2024
What makes Standard Chartered highly regarded for its risk governance in the cryptocurrency field?
With a long tradition of strict risk control, Standard Chartered is known for its top-notch trading and security measures in the digital finance sector.
Bank representatives believe that ensuring the safety of digital assets is fundamental to fostering innovation and sustainable growth in the digital finance sector.
What are the main services of Standard Chartered in the digital asset field?
Service Description Transaction Object Spot Trading Bitcoin, Ethereum Direct digital asset trading at the UK branch Institutional clients: businesses, investors, fund managers Digital asset custody Safely storing digital assets through Corporate and Investment Bank, Zodia Markets Institutional clients needing custody and security of digital assets Tokenization of real financial assets Converting real financial assets into digital tokens Institutional clients seeking portfolio diversification
Frequently Asked Questions
When did Standard Chartered start trading cryptocurrencies?
The bank will launch Bitcoin and Ethereum spot trading services in 2024 through its UK branch for institutional clients.
What risk governance measures does the bank apply to digital assets?
Standard Chartered uses global infrastructure, international experience, and strict risk management frameworks to ensure safe transactions and compliance with legal regulations.
What are the standout features of the bank's real asset tokenization services?
This service allows for the conversion of traditional financial assets into digital tokens, helping to diversify investment portfolios and increase liquidity.
Who are the primary clients of cryptocurrency services at Standard Chartered?
Institutional clients such as businesses, investors, and fund managers are the primary group served through digital asset trading and custody services.
What cryptocurrency services does Standard Chartered plan to expand in the future?
The bank plans to continue developing new digital financial solutions, enhancing asset tokenization and deeper integration with the global financial ecosystem.
Source: https://tintucbitcoin.com/standard-chartered-ho-tro-giao-dich-bitcoin-ethereum/
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