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Dubai’s top bank launches crypto trading for users

One of the largest bank in Dubai, Emirates NBD, has introduced cryptocurrency trading services through its digital banking platform, Liv.

Users can buy, sell, and trade cryptocurrencies on the Liv X app. The service is powered by Aquanow, a local digital-assets firm licensed by Dubai’s Virtual Assets Regulatory Authority.

Custody services will be provided by Zodia Custody, a subsidiary of Standard Chartered.

This move highlights the growing interest from financial institutions in digital assets.

Emirates NBD follows Switzerland’s PostFinance AG, which recently announced ether staking, and Italy’s Intesa Sanpaolo SpA, which completed its first spot bitcoin purchase.

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