Proactive Investors – Standard Chartered PLC (LON:) is launching a cryptocurrency trading desk, making it one of the first global lenders to offer spot trading of digital currencies.
Both and Ether will be available for trade and will be part of the London-listed bank’s foreign exchange trading division, reports on Friday from the Evening Standard revealed.
Goldman Sachs (NYSE:) and other major banks have offered trading for crypto derivatives, but lenders have found difficulty in offering to deal in the underlying asset due to regulations.
“We have been working closely with our regulators to support demand from our institutional clients to trade Bitcoin and , in line with our strategy to support clients across the wider digital asset ecosystem, from access and custody…
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