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2 clusters · 30 sources · 10 days · First seen · Last updated

Standard Chartered institutional digital asset expansion

Overview

Standard Chartered has expanded its digital asset services for institutional clients in the United Arab Emirates. Through its entity in the Dubai International Financial Centre (DIFC), the bank launched institutional spot trading for Bitcoin and Ether.

This service allows eligible asset managers and family offices to execute deliverable spot trades via existing electronic trading and foreign exchange interfaces. The offering integrates with the bank’s digital-asset custody solution to provide a regulated platform for execution, custody, and USDC minting and redemption. The service is regulated by the Dubai Financial Services Authority (DFSA).

With this launch, Standard Chartered becomes the first Global Systemically Important Bank (G-SIB) to offer deliverable crypto spot trading in the Gulf region. The service builds upon the bank’s existing digital-asset custody services in the UAE, which were established in September 2024. Clients have the option to utilize the bank’s proprietary custody solutions or select alternative custodians for settlement. This expansion follows a similar initiative launched by the bank’s UK subsidiary in July 2025 and is part of a broader strategy to integrate digital assets into regulated banking frameworks, encompassing custody, trading, and tokenization capabilities for the bank’s Corporate and Investment Bank.

Entities

Standard Chartered · HKDAP · HKT · Hong Kong Monetary Authority · Rola Abu Manneh

Claims

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Coverage disagrees

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Timeline

  1. 12 days ago

    [BUSINESS] 13 sources
    Standard Chartered launches institutional crypto spot trading in UAE

    Standard Chartered has become the first Global Systemically Important Bank to offer institutional Bitcoin and Ether spot trading in the UAE via its DIFC branch.

  2. 22 days ago

    [BUSINESS] 19 sources
    Standard Chartered becomes first bank to distribute HKDAP stablecoin

    Standard Chartered Hong Kong is the first bank to distribute HKDAP, a regulated Hong Kong dollar stablecoin, targeting tokenized fund settlements and cross-border payments for institutional clients.

Sources

abmedia.io · ambcrypto.com · bitcoinethereumnews.com · bitcoinke.io · bittimes.net · blockchainreporter.net · blocktempo.com · bydlet.cz · cahighways.org · coindoo.com · coinedition.com · coingape.com · coinpost.jp · cointelegraph.com · cointrust.com · crypto.news · cryptobreaking.com · cryptobriefing.com · cryptonomist.ch · cryptopolitan.com · detlionblood32.wordpress.com · fintechnews.hk · ibTimes.com · mycryptoparadise.com · neweconomy.jp · spacemoney.com.br · stheadline.com · thehubnews.net · thetechnologyexpress.com · tronweekly.com

This summary has been updated 3 times: see revision history