Rakbank Introduces AED-Based Crypto Trading for UAE Clients — TradingView News
Rakbank, officially known as the National Bank of Ras Al Khaimah, has set a notable precedent in the UAE by becoming the first conventional bank in the country to offer crypto trading services to retail customers.
This move highlights a significant shift in the banking sector within the region, reflecting the increasing integration of cryptocurrencies into traditional finance.
Rakbank’s customers can now directly engage in crypto transactions via the bank’s mobile banking app, accessing services such as buying, selling, and swapping cryptocurrencies directly from their UAE dirham accounts.
Efficient Access to Crypto Assets
In a carefully structured partnership, Rakbank collaborated with Bitpanda, a renowned global digital asset platform…
