Standard Chartered Integrates Bitcoin and Ethereum Trading Service for Institutions on Foreign Exchange Platform 🏦💰
Standard Chartered Bank has announced the launch of instant trading services for Bitcoin and Ethereum tailored for its institutional clients. 🚀 This development, revealed by Rene Meckau, the bank's Global Head of Digital Assets, is a pioneering step that makes Standard Chartered the first global bank to offer these services, according to a Reuters report. 📰 The new service is available globally to institutional clients through the bank's investment banking platform in the United Kingdom. 🌍 These clients include multinational corporations, asset managers, and other financial institutions. 🏢💼 This cryptocurrency trading service has been integrated into the bank's existing foreign exchange trading platform. 🔄 This allows institutional clients in the UK branch to trade Bitcoin and Ethereum through familiar interfaces. 📊 The bank is also exploring the possibility of providing access to this service 24/7 to meet the growing demand from clients. ⏰ This means that Standard Chartered has become a leader in integrating digital currencies (Bitcoin and Ethereum) into its banking services for large institutions, reflecting the increasing interest and demand for these assets in the traditional financial world.
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