Standard Chartered · United Arab Emirates · United Kingdom · Hong Kong · Bitcoin Magazine
Standard Chartered Rolls out Bitcoin Trading For Wealthy UAE Clients
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The service allows affluent clients to buy bitcoin via their bank accounts.
Key facts
- Rola Abu Manneh, Standard Chartered’s chief executive officer UAE, Middle East and Pakistan, added: “The team are proud to be the first international bank in the UAE to launch a cryptocurrency trading offering
- Standard Chartered already offers the service in the UAE, Luxembourg, and Hong Kong
- British multinational Standard Chartered on Wednesday announced a bitcoin trading service for affluent clients in the United Arab Emirates
- As client interest in digital assets continues to grow, this launch represents a significant milestone for Standard Chartered as we bring digital assets into our core wealth offering,” said Samir
Summary
British multinational Standard Chartered on Wednesday announced a bitcoin trading service for affluent clients in the United Arab Emirates. The service is the first such service offered by an international bank in the UAE, Standard Chartered said. It comes after the bank last month debuted bitcoin trading for institutional clients in the Arab nation. “As client interest in digital assets continues to grow, this launch represents a significant milestone for Standard Chartered as we bring digital assets into our core wealth offering,” said Samir Subberwal, Standard Chartered’s global head of wealth solutions, retail products, data and analytics.