Emirates NBD, the Bank owned by the Government of Dubai, is beginning to offer the cryptography trade through its LIV digital banking subsidiary.
LIV is allowing customers to buy and sell cryptocurrencies in their new LIV X application, according to an admitted advertisement on Thursday.
Dubai has been established as a cryptographic center for several years, offering reasonably clear rules for companies to obtain licenses. This has seen important exchanges such as Binance, Crypto.com and OKX Win Approbeds.
In this context, Dubai’s own Bank has made the movement to offer cryptographic trade.
LIV offers its cryptographic service using infrastructure operated by Aquanow, a Digital Assets platform licensed by the Dubai Virtual Assets Regulatory Authority.
Zodia with Estandonal support Chartered is providing custody services for the new LIV offer.
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