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Rakbank has made history as the first conventional bank in the UAE to offer crypto trading services to retail customers. This strategic move underscores the growing convergence of traditional banking and digital assets in the region.
- First UAE conventional bank to offer integrated retail crypto trading via mobile app
- Partnership with Bitpanda ensures VARA-regulated transactions in AED without forex fees
- Initial invitation-only rollout with plans for broader customer access in coming months
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Other Tags: BitPanda, Digital Assets, VARA