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1 / 5

What launched

On 14 October 2026, Standard Chartered said eligible Professional Investor clients in the UAE can buy and sell bitcoin and ether through their existing accounts.

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Closed loop

The bank handles custody and settlement inside its own ecosystem under a VARA licence, with Zodia Markets providing market infrastructure.

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Who can use it

Only clients who meet Professional Investor criteria. Trading is execution-only.

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The trade-offs

BTC and ETH only, no sending to external wallets, and spreads reported at up to 2%.

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The roadmap

Institutional custody in September 2024, UK spot trading in July 2025, DIFC institutional spot on 3 September 2026, and now UAE wealth clients.

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Read the full story

Sources, context and the details behind every number are in the full article on btcmedia.news.

Not financial advice.

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