by aria-crypto.com
March 6, 2025 at 14:27
UAE's Emirates NBD Boosts Crypto Accessibility with New Trading Service
Dubai's Emirates NBD, one of the largest banks in the region, has launched cryptocurrency trading through its Liv X app, making a significant move towards integrating crypto into mainstream banking in the UAE. This initiative by a government-owned bank underscores Dubai’s commitment to becoming a global crypto hub, aligning with city-wide efforts to attract major crypto exchanges and create a regulated environment. Emirates NBD has partnered with Aquanow and Zodia to ensure a secure trading experience, providing a regulated platform and secure asset custody, thus enhancing the trust and safety for its users. The availability of these services through a widely-used digital app marks an important step in broader crypto adoption, potentially prompting other regional banks to follow suit. This move is particularly timely given the high rate of crypto adoption in the UAE, positioning Emirates NBD at the forefront of digital asset services within traditional banking frameworks.
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