💥 Big players are entering the game!
The giant bank Standard Chartered has opened access to spot trading of Bitcoin and Ethereum for its institutional clients in the UK.
Now corporations, funds, and investment companies can trade cryptocurrencies as easily as currencies in FX markets.
🧠 "Demand is growing — so we provide clients with a safe and efficient way to work with digital assets," said the bank's CEO Bill Winters.
👉 Ahead is the launch of forward contracts on cryptocurrencies.
📌 Reminder: earlier, US financial regulators (OCC, Fed, and FDIC) lifted a number of restrictions, paving the way for banks to offer custodial services in crypto.
💼 The trend is clear: banks are no longer against it, but in favor.
The transition of crypto into traditional finance is in full swing. Those who haven't caught up have missed out 🚀
