The crypto market witnessed a major milestone as the leading banking institution, the Standard Chartered Bank, announced the launch of a trading desk for spot Bitcoin (BTC) and Ethereum (ETH). Two insiders have confirmed that the trading desk will operate from London, as reported by Bloomberg Spot cryptocurrencies including BTC
The bank’s examiners are amazingly hopeful on Ethereum, anticipating that ETH will “get up to speed to BTC.” A report of the English bank Standard Chartered examiners esteems Ethereum at “USD 26,000-35,000” while anticipating that Bitcoin will continue the bullish momentum. ETH Vs. BTC The financial service giant’s report was
In spite of the whole world moving towards and adopting digital assets profusely, many prominent international banks are taking steps to join the league too. True to the fact only those who adapt to the changes in the present economy could have a future! Accordingly, the U.K based international banker,
On August 16, Standard Chartered Bank successfully leveraged blockchain technology to conduct Bangladesh’s first blockchain transaction by issuing a Letter of Credit (LC) for Viyellatex Ltd. Standard Chartered Bank is the biggest international bank in Bangladesh, with a presence of over 115 years in the country. Viyellatex Ltd is a
