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52CRYPTO

Standard Chartered launches a spot trading desk for Bitcoin and Ether in the UAE for institutional clients

⚡ Markets: Bullish signal for crypto adoption. Increases institutional access and liquidity, particularly in the Middle East, a growing crypto hub. Positive for BTC and ETH.BTCETHSTAN.L

Global banking giant Standard Chartered has established a spot trading desk for Bitcoin and Ether, operating out of the United Arab Emirates. The bank claims to be the first major global bank to offer direct institutional access to spot crypto trading in the region, signaling growing mainstream financial adoption.

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