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Cryptocurrency Services from Liv Bank: Path to Mainstream Adoption in UAE

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by Giorgi Kostiuk

4 hours ago


Liv Bank, a division of Emirates NBD, has begun offering its clients the ability to purchase, hold, and sell cryptocurrencies through the Liv X app.

A New Phase for Liv Bank

Since March 5, Liv users in the United Arab Emirates have gained access to trading crypto assets via the Liv X app, thanks to a partnership with licensed provider Aquanow.

Key Cryptocurrencies and Partnership with Aquanow

Liv customers can trade cryptocurrencies like Bitcoin, Ether, Solana, XRP, and Cardano. This was made possible through collaboration with Aquanow, ensuring secure exchange of digital assets. Aquanow CEO Phil Sham emphasized the importance of this collaboration for the digital economy.

This collaboration showcases how traditional banking and digital assets can coexist, providing consumers with seamless, secure, and compliant access to the evolving digital economy.Phil Sham

Support from Zodia Custody and Crypto Prospects in UAE

Cryptocurrency custody services are provided by Zodia Custody, which received a strategic investment from Emirates NBD. Emirates NBD’s retail banking head, Marwan Hadi, highlighted the group’s commitment to leading in innovations to keep up with the country's growing crypto adoption.

Offering cryptocurrency on Liv X is the next step toward the overall vision of Liv being a pioneer in innovation and excellence.Marwan Hadi

This is a developing story, and further information will be added as it becomes available.

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