Bitcoin

Ethereum

<ul><li>Standard Chartered may launch a Bitcoin and Ether trading desk in London, per client demand.</li><li>The bank&#39;s Libeara platform tokenizes government bonds using Singaporean dollars.</li><li>Michael Saylor predicted banks like Standard Chartered will help mainstream Bitcoin.</li></ul>Multinational bank Standard Chartered may be preparing to launch a Bitcoin and Ether trading desk, marking a significant milestone in global banking. This move would position Standard Chartered among the first major banking institutions to venture into spot cryptocurrency trading, catering to increasing client demand.On June 21, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-06-21/crypto-trading-stanchart-launches-spot-btc-eth-desk" rel="noopener noreferrer nofollow">reported</a> that Standard Chartered’s crypto trading desk could commence operations soon. Anonymous sources suggest that the offering will fall under the bank’s FX trading unit and operate out of London, United Kingdom.In another significant development, Standard Chartered launched a tokenization platform named Libeara in November last year. This project focuses on tokenizing government bond funds using the Singaporean dollar, demonstrating the bank’s commitment to exploring the Web3 sector. The launch of Libeara highlights Standard Chartered’s broader strategy to integrate digital assets and blockchain technology into its services.The crypto community has shown enthusiasm about Standard Chartered’s potential move into the crypto space. This development aligns with predictions made by Michael Saylor, the renowned crypto entrepreneur behind MicroStrategy.<a href="https://cryptotale.org/global-bank-standard-chartered-ventures-into-bitcoin-and-ether-trading/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Global Bank Standard Chartered Ventures into Bitcoin and Ether Trading

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