CryptoMedium•16 October 2026•
1 min read

Standard Chartered Launches Bitcoin and Ethereum Trading for UAE Wealth Clients

Key Facts

1Standard Chartered launched Bitcoin and Ethereum trading services for affluent clients in the UAE.
2The new service allows clients to trade digital assets directly through their existing bank accounts within a closed-loop system.

Standard Chartered launched Bitcoin and Ethereum trading services for affluent clients in the United Arab Emirates. The Daily Hodl reported that the new service allows clients to trade digital assets directly through their existing bank accounts within a closed-loop system, integrating traditional banking with crypto asset management.

The bank's stock, SCBFY, closed at $56.79 on October 15, 2026, after reaching a day high of $56.79 and a low of $55.9. This initiative aims to provide institutional-grade custody and seamless digital asset trading specifically tailored for high-net-worth individuals in the UAE market.