Standard Chartered Is Building a Spot BTC, ETH Trading Desk: Bloomberg
Summary
Standard Chartered is setting up a spot trading desk for bitcoin and ether in London, making it one of the first global banks to enter spot cryptocurrency trading. The desk will be part of the bank's FX trading unit and will start operations soon. The bank has been working with regulators to support its institutional clients' demand to trade Bitcoin and Ethereum. Standard Chartered is already involved in the cryptocurrency sector as a supporter of digital asset custodian Zodia Custody and its exchange arm Zodia Markets.
