How legacy banks can embrace crypto
Emirates NBD is tapping into the UAE’s booming crypto scene by integrating a cryptocurrency trading service into its Liv X digital banking app. With crypto app downloads in the UAE increasing by 41% to 15 million in 2024, according to AppsFlyer, the Emirates NBD group is leveraging its established reputation and the country’s favorable regulatory environment to capitalise on surging local interest and demand for cryptocurrency trading.
GlobalData 2024 Financial Services Consumer Survey
GlobalData’s 2024 Financial Services Consumer Survey shows the UAE is among the top countries for cryptocurrency ownership, with 44% of consumers holding crypto, an increase from 37% the year before. Meanwhile, the…
