Bitcoin price prediction as $800 billion banking giant enters BTC spot trading
Traditional financial institutions are increasingly showing interest in venturing into the crypto sector amid growing client demand. In this line, banking giant Standard Chartered is particularly expanding its crypto involvement by planning to offer spot trading services for Bitcoin (BTC) and Ethereum (ETH), Bloomberg reported on June 21. This move will make Standard Chartered, which controls over 800 billion in assets, the first major global bank to establish a spot crypto trading desk. Bloomberg , citing individuals familiar with the matter, noted that the bank will incorporate trading into its FX unit, which will have operations based in London. Picks for you Massive sell-off: Ripple dumps the remaining 250 million XRP from June 48 mins ago ...