For the first time, a bank allows its clients to invest in crypto in the United Arab Emirates.

Cryptos are arriving in Emirati banks

The National Bank of Ras Al Khaimah (RAKBANK) is innovating in the Emirati banking landscape by launching a crypto brokerage service directly integrated into its mobile application.

In partnership with the cryptocurrency exchange Bitpanda, the bank now allows its clients to trade cryptos in dirhams, without going through external platforms or converting into foreign currency.