Standard Chartered plans to expand its direct cryptocurrency trading offering to additional global markets over time.

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On October 12, 2026, Standard Chartered launched RLUSD custody for eligible institutional clients through its Dubai International Financial Centre branch

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Major global financial institutions including BNY Mellon, State Street, Standard Chartered, U.S. Bank, and Citigroup have committed to offering direct crypto custody services

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The United Arab Emirates cryptocurrency launch marks the first time Standard Chartered has offered direct cryptocurrency trading to wealthy clients within its global wealth business.

Standard Chartered extends its wider digital assets business covering custody, trading, and tokenisation through its ventures arm via Zodia Markets and Libeara.

Standard Chartered developed its cryptocurrency trading service through a collaboration between its Wealth and Retail Banking and Corporate and Investment Banking divisions alongside SC Ventures-backed Zodia Markets.

Standard Chartered's cryptocurrency trading platform in the United Arab Emirates supports direct spot buying and selling of Bitcoin and Ether.

Prior to introducing direct spot trading, Standard Chartered provided client exposure to digital assets through cryptocurrency exchange-traded funds, structured products, and over-the-counter derivatives.

Standard Chartered's cryptocurrency trading service in the United Arab Emirates is initially available exclusively to clients classified as Professional Investors.

Standard Chartered enables eligible Professional Investor clients to buy and sell cryptocurrency directly using their existing bank accounts without registering on third-party platforms.

Dubai's Virtual Assets Regulatory Authority granted regulatory approval to Standard Chartered to launch its cryptocurrency trading service in the United Arab Emirates.

Standard Chartered launched a cryptocurrency trading service in the United Arab Emirates on October 14, 2026, becoming the first international bank to offer direct crypto trading in the region.