According to a report from Bloomberg on June 21st, Standard Chartered Bank is said to be setting up Bitcoin and Ethereum trading desks, making it one of the first global banks to enter the spot cryptocurrency trading market.
Two anonymous sources, who requested to remain unidentified due to discussing private information, revealed that the new cryptocurrency desks are set to go live and will be part of Standard Chartered’s foreign exchange trading department. One source disclosed that the desks will operate in London, United Kingdom.
