Standard chartered to launch Bitcoin and Ether trading desk

#StandardChartered , a British multinational bank, is preparing to launch a trading desk dedicated to #Bitcoin and #Ether , according to sources familiar with the matter. This move positions the bank among the early adopters within the global banking sector to engage in spot cryptocurrency trading.

The new desk, which will operate under the bank’s FX trading unit in London, is reportedly nearing operational readiness, although specifics on its launch timeline remain undisclosed. While several major banks like Goldman Sachs Group Inc. have been active in cryptocurrency derivatives, regulatory constraints have historically hindered direct involvement in the underlying assets.