Sam Price Reveals UAE Bank Launches Cryptocurrency Trading Service

According to Twitter user Sam Price, Standard Chartered Bank has launched an innovative service that allows eligible wealthy clients in the UAE to buy and sell Bitcoin and Ethereum directly through their bank accounts. This service operates in a closed-loop model, regulated by the Dubai Virtual Assets Regulatory Authority, and offers internal custody without the need for external exchanges. This provides high-net-worth clients with a regulated cryptocurrency trading channel in a major wealth center.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.