Home > Quick > Body

RAKBANK, a state-owned bank in the United Arab Emirates, has partnered with Bitpanda to launch a digital asset platform for residents

clock
2024-08-19 09:57:55
The United Arab Emirates (UAE) state-owned bank Ras Al Khaimah National Bank (RAKBANK) has partnered with crypto infrastructure provider Bitpanda Technology Solutions to create a digital asset management platform for UAE residents.
"We believe digital assets are one of the ways our customers can manage their finances more efficiently and securely in the future," says Dongjun Choi, chief client officer at RAKBANK Group.
Although the partnership has been announced, the team also clarified that the platform still needs approval from the Central Bank of the United Arab Emirates (CBUAE).
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.