Standard Chartered Secures UAE Digital Asset Trading Licence
Key Facts
Standard Chartered has secured a licence to offer digital asset trading services in the United Arab Emirates. Investing.com reported that the bank was granted the regulatory approval to facilitate cryptocurrency trading within the UAE, expanding its regional digital asset footprint.
The move aligns with the bank's strategy to integrate digital assets into its institutional offerings, following its recent custody partnership with Ripple. In equity markets, SCBFY closed at $57.5 on October 13, 2026, after reaching a session high of $58.46 and a low of $57.23.
Latest Updates · 1
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Update: Standard Chartered officially launched Bitcoin and Ether trading services for its wealthy clients in the United Arab Emirates on October 14, 2026. This move marks the operational activation of the bank's recently secured license, providing qualified investors with direct access to the two largest cryptocurrencies by market capitalization.