Standard Chartered becomes the UAE’s first international bank to let eligible clients buy and sell $BTC and $ETH directly through their bank accounts.
Not another exchange app—the entry point is their bank account. Reportedly, it’s a closed-loop setup with VARA approval and custody and settlement by Zodia. TradFi is finally putting “buying crypto” into everyday online banking.
When I see news like this in Singapore, my first reaction isn’t to call a rally. It’s that once the entry point moves back into banking apps, the retail investor narrative—and who has the say in compliance and custody—will change too.
Do you think bank access will bring in new users, or is this just a niche product for high-net-worth clients?
$BTC $ETH #币安广场 #TradFi #UAE
Not another exchange app—the entry point is their bank account. Reportedly, it’s a closed-loop setup with VARA approval and custody and settlement by Zodia. TradFi is finally putting “buying crypto” into everyday online banking.
When I see news like this in Singapore, my first reaction isn’t to call a rally. It’s that once the entry point moves back into banking apps, the retail investor narrative—and who has the say in compliance and custody—will change too.
Do you think bank access will bring in new users, or is this just a niche product for high-net-worth clients?
$BTC $ETH #币安广场 #TradFi #UAE