Standard Chartered opens trading desk for Bitcoin and Ethereum: KEY POINTS.
* Standard Chartered, one of the world's largest banks, has opened a Bitcoin and Ethereum trading desk for its institutional clients.
* The bank will offer services such as access to markets and custody of cryptocurrencies.
* The opening of the desk is a positive sign for the cryptocurrency market, as it indicates growing interest from institutional investors.
* This could lead to increased cryptocurrency prices and increased adoption by financial institutions.
Simply put: Standard Chartered is entering the cryptocurrency market, which could be good for the value and adoption of Bitcoin and Ethereum.