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Standard Chartered Brings Bitcoin Trading and Custody to Affluent UAE Clients
Published Source: Bitcoin.com NewsRead original
Crypto Insight Summary: On Wednesday, the banking giant managing nearly $1 trillion in assets, Standard Chartered, revealed it is making new moves inroads in the United Arab Emirates (UAE). The bank explained that it is making it possible for wealthy clients in the UAE to buy and sell bitcoin and ether directly through their regular bank accounts. Standard […] Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Institutional adoption by major bank boosts crypto credibility and demand.