Standard Chartered has officially launched a Bitcoin trading desk, marking a significant shift towards cryptocurrency for the banking giant. This move has been met with applause from Binance CEO Richard Teng, highlighting the increasing acceptance of digital assets in traditional finance. The new trading service will facilitate spot transactions in Bitcoin and Ethereum for both institutional and individual investors, enhancing access and security. This strategic decision underscores Standard Chartered’s commitment to integrating digital assets into its financial services.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.