A Standard Chartered representative told Cointelegraph that the firm has been working with regulators to support institutional clients’ demand for trading BTC and ETH.
Multinational bank Standard Chartered may be working to launch a Bitcoin (BTC) and Ether (ETH) trading desk.
If launched, this would make the bank one of the first global banking institutions to get into spot crypto trading.
On June 21, Bloomberg reported that the crypto desk will soon begin operations. Citing anonymous sources, the report suggests that the offering will be under the bank’s FX trading unit and operate from London, United Kingdom.
