Dubai GovernmentOwned Bank Emirates NBD Launches Crypto Trading via Liv X App
Emirates NBD a bank owned by the Dubai government has introduced cryptocurrency trading through its digital banking subsidiary Liv via the new Liv X mobile app The service announced on Thursday allows customers to buy and sell cryptocurrencies directly within the app
Liv’s crypto trading functionality is powered by infrastructure provided by Aquanow a digital asset platform licensed by Dubai’s Virtual Assets Regulatory Authority VARA Additionally custody services for Liv’s crypto offering are being handled by Zodia a company backed by Standard Chartered
Dubai has been positioning itself as a leading hub for cryptocurrency innovation over the past few years offering clear regulatory frameworks for companies seeking licenses This approach has attracted major global exchanges like Binance Cryptocom and OKX which have secured approvals to operate in the region
The move by Emirates NBD to offer crypto trading through Liv X underscores the growing integration of digital assets into mainstream financial services in Dubai further solidifying the city’s reputation as a cryptofriendly destination
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