Rakbank Partners with Bitpanda to Launch Crypto Brokerage Service in UAE

BTCC / BTCC Square / Global Cryptocurrency /

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2025-07-29 15:30:02

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Rakbank has become the first conventional bank in the United Arab Emirates to offer cryptocurrency trading services to retail customers. Through a partnership with Bitpanda, the bank now enables clients to buy, sell, and swap digital assets directly via its mobile app, with all transactions denominated in AED to avoid foreign exchange complications.

The MOVE signals growing institutional acceptance of cryptocurrencies in the Middle East's financial sector. By integrating Bitpanda's trading infrastructure, Rakbank provides a regulated on-ramp for retail investors amid increasing demand for digital asset exposure in the region.

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