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Cryptocurrency

Standard Chartered to start spot bitcoin, ether trading from London

Tradfi is going big on crypto after spot bitcoin ETF approvals in the US

Standard Chartered is embracing crypto Jason Alden/Bloomberg via Getty Images
Standard Chartered is embracing crypto Jason Alden/Bloomberg via Getty Images Photo: Bloomberg via Getty Images

Standard Chartered is set to become one of the first international banks to enter the spot crypto trading market as the bank readies its trading desk for the emerging asset class.

The new London-based crypto trading desk, which will be part of Standard Chartered’s FX trading unit, will trade bitcoin and ether, the world’s top two cryptoassets by market capitalisation, Bloomberg reported.

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