Dubai-State-owned Bank Emirates NBD offers crypto trade through life x-app

Emirates NBD, the bank owned by the Government in Dubai, is starting to offer Crypto trade through the subsidiary of its digital bank.

Life allows customers to buy and sell cryptocurrencies in its new app Life X, according to an E -Mail message on Thursday.

Dubai has established itself as a crypto hub in a number of years and offers reasonably clear rules for businesses to be licensed. This has seen big exchanges such as Binance, Crypto.com and OKX Win approvals.

Based on this, the Dubai government has gone to offer crypto trade.

Liv offers its crypto service using infrastructure operated by Aquanow, a digital asset platform licensed by Dubai’s Virtual Assets Regulatory Authority (VARA).

Standard Charter supported Zodia supplies custody services for life’s new offers.

Read more: Dubai approves Circle’s stableecoins USDC and EURC for use in DIFC

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