Standard Chartered Opens UAE Crypto Trading to Professional Investors

Standard Chartered has opened crypto trading through its SC Mobile app to UAE clients classified as Professional Investors, marking its first global crypto trading service for wealth clients. Clients can use existing Standard Chartered accounts to trade Bitcoin (BTC) and Ether (ETH), without setting up separate wallets. The service keeps custody and settlement within the bank’s system, and clients cannot transfer crypto assets into or out of Standard Chartered. The offering follows the bank’s Sept. 3 launch of Bitcoin and Ether spot trading for institutional clients in the Dubai International Financial Centre (DIFC).