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Standard Chartered Launches Bitcoin and Ethereum Trading Desk

Standard Chartered Launches Bitcoin and Ethereum Trading Desk

Standard Chartered, a major global banking institution, is establishing a trading desk for Bitcoin and Ethereum, marking it as one of the first significant international banks to engage in spot cryptocurrency trading.

This new trading desk, based in London, will be part of the bank’s existing foreign exchange (FX) trading unit and is set to launch soon.

The bank has been collaborating closely with regulators to ensure that the new trading desk meets all compliance requirements. Standard Chartered stated:

“We have been working closely with our regulators to support demand from our institutional clients to trade Bitcoin and Ethereum, in line with our strategy to support clients across the wider digital asset ecosystem, from access and custody to tokenization and interoperability.”


READ MORE: Argentina President Backs Bitcoin Amid Currency Freedom Debate


This move is part of Standard Chartered’s broader strategy to integrate cryptocurrencies into its range of services. The trading desk aims to provide institutional clients with a smooth and secure way to trade Bitcoin and Ethereum.

In related news, Standard Chartered has made bold forecasts about Bitcoin’s future. The bank predicts that Bitcoin could reach an all-time high of $250,000 by 2025 and stabilize around $200,000 after peaking.

Source

Author
Alexander Stefanov - Editor-in-Chief at Coinspress
Alexander Stefanov

Reporter at CoinsPress

Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.

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