News: Nearly 90% of Standard Chartered’s recent discussions focused on stablecoins, signaling a pivotal shift in institutional crypto strategy. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. Standard Charteredhas launched spot trading for Bitcoin (BTC) and Ethereum (ETH) through its institutional crypto platform, expanding its presence in
Standard chartering has been at an early stage before this year : it started selling bitcoin futures directly from Bitfinex last May , but was slow ramping up production until now when Coinbase announced they’d pulled their support following complaints about rampant high volume transactions with fraudulent activity being reported within exchanges by traders looking to buy small amounts online without fear of repercussions if not stopped wholesale
Source: https://cryptoslate.com/standard-chartered-expands-crypto-footprint-amid-stablecoin-market-boom/
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