Banking Giant Standard Chartered to Launch Bitcoin, Ethereum Trading Desk: Details

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Slated to be managed from London, the crypto trading desk will mark a significant pivot toward digital assets for Standard Chartered, a bank with a storied history in traditional finance. This move signals the bank's recognition of the growing importance of cryptocurrencies on the global financial landscape.is one of several prominent banks expanding its tentacles into cryptocurrency as institutional use grows.

The VanEck Bitcoin ETF began trading on the Australian Securities Exchange , which accounts for 90% of the country's equity market., CEO and cofounder of MicroStrategy, stated that the company has acquired an additional 11,931 BTC for approximately $786 million, utilizing revenues from convertible notes and excess cash at nearly $65,883 per Bitcoin. MicroStrategy now owns 226,331 BTC, purchased for roughly $8.33 billion at an average price of $36,798 per Bitcoin.

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