A ‘Too Big to Fail' Bank Is Now Delivering Actual Bitcoin and Ethereum to Institutions

BTC

BTC/USDT

$79,636.00

-2.03%

$79,636.00

-2.03%

(24s)

24h Volume

$16,878,884,896.80

24h H/L

$81,351.56 / $78,660.00

Change: $2,691.56 (3.42%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

-0.0010%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,622.55

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,622.55

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.3

BeInCrypto Editorial

(12:08 PM UTC)

1 min read

Verified byDavid Kim

0 comments

Standard Chartered will now hand institutional clients real Bitcoin (BTC) and Ether (ETH) in the United Arab Emirates. Those clients receive the coins themselves, not a derivative that only tracks the price.

The bank announced the desk on Thursday through its Dubai arm. Only 29 lenders worldwide carry the too big to fail label. Just one of them now delivers coins.