M2 Partners with Abu Dhabi Commercial Bank to Bring Crypto Services to UAE Clients

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M2, a cryptocurrency trading and custodial platform, has partnered with Abu Dhabi Commercial Bank (ADCB) to offer its services to retail and institutional clients in the UAE. As a regulated Multilateral Trading Facility (MTF) and Custodian, M2 aims to provide a secure environment for buying, selling, and safeguarding virtual assets. UAE clients can now register on M2’s platform and benefit from a streamlined onboarding process within two weeks. The platform offers various services, including trading and custody of virtual assets, with fiat on/off ramps facilitated by ADCB. M2’s platform also includes an Earn product that offers attractive yields on Bitcoin and Ethereum. This partnership with ADCB is part of M2’s strategic expansion and commitment to Environmental, Social, and Governance (ESG) principles. It follows a trend of crypto companies obtaining regulatory approval to operate in the UAE, such as eToro. M2’s entry into the UAE market reflects the growing interest in crypto services in the region, as it competes with established platforms like Binance, Rain, BitOasis, and Securrency.

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