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Standard Chartered Launches Direct Bitcoin and Ether Trading for Affluent UAE Clients
CryptoNews2 min readAI-assisted

Standard Chartered Launches Direct Bitcoin and Ether Trading for Affluent UAE Clients

Standard Chartered has introduced a crypto trading service for affluent clients in the UAE, letting eligible investors buy and sell bitcoin and ether directly

October 14, 2026Source: coindesk.com ↗

Standard Chartered has introduced a crypto trading service for affluent clients in the United Arab Emirates, allowing eligible investors to buy and sell bitcoin BTC $83,212.45 and ether ETH $2,501.56 through their existing bank accounts.

The service will initially be available to clients classified as professional investors. The London-based lender said it is the first offering of its kind by an international bank in the UAE, and also a global first for Standard Chartered, marking the first time it has offered cryptocurrency trading directly to wealthy clients in any market.

The bank will manage custody and settlement within its own ecosystem using a closed-loop model, meaning clients will not need separate cryptocurrency wallets or third-party trading platforms.

How the service is structured

  • It brings together Standard Chartered's wealth and retail banking and corporate and investment banking businesses.
  • It operates through Zodia Markets, which is backed by the bank's SC Ventures unit.
  • Standard Chartered has received licensing approval from Dubai's Virtual Assets Regulatory Authority (VARA).

The bank introduced institutional bitcoin and ether spot trading through its U.K. arm in July last year and expanded that offering to the UAE on Sept. 3. Standard Chartered already offers eligible clients access to crypto exchange-traded funds (ETFs), structured products and over-the-counter derivatives. It plans to expand the new trading service to other markets but did not give a timetable in the announcement.

Source: CoinDesk

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