[Breaking News] According to Golden Finance, the Bitcoin and Ethereum spot trading platform established by Standard Chartered Bank is about to start and will operate in London as part of its foreign exchange trading department. Although strict regulatory regulations prevent banks including Goldman Sachs from directly trading cryptocurrency underlying assets, Standard Chartered's move is still a milestone. The Basel Committee on Banking Supervision proposed that banks must adopt a 1250% risk weight for unhedged cryptocurrency risk exposure, which poses a challenge to banks' profit acquisition. However, Standard Chartered's move undoubtedly sets an example for global banks to enter the spot cryptocurrency trading market.