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RAKBANK Teams Up with Bitpanda to Bring Crypto Trading to UAE Retail Customers
RAKBANK Teams Up with Bitpanda to Bring Crypto Trading to UAE Retail Customers
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Another day, another bank scrambling to stay relevant in the crypto age.
RAKBANK—the UAE's favorite financial underdog—just threw its retail customers a bone by partnering with Bitpanda for crypto access. No more sneaking around peer-to-peer markets or dodgy offshore exchanges.
The move comes as Middle Eastern banks play catch-up with digital assets. Because nothing says 'innovation' like copying Europe's fintech playbook three years late.
Bitpanda's white-label solution lets RAKBANK slap a 'crypto' sticker on its app without the regulatory headache. Clever—if you ignore the fact that retail traders will still get rekt by volatility.
One small step for banking, one giant leap for UAE's slow-motion financial revolution.
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