Bitcoin for car insurance? Dubai becomes first to accept crypto for insurance premium | World News

[ad_1] Cryptocurrency Payments Approved for Insurance in the UAE / Image: File Forget writing checks or waiting for bank transfers. In a move that has sent shockwaves through the regional financial sector, Dubai Insurance has officially opened the doors for UAE residents to pay their insurance premiums using Bitcoin (BTC) and other major cryptocurrencies. As […]

RAKBANK becomes first UAE conventional bank to offer crypto trading to retail customers | World News

[ad_1] RAKBANK’s mobile app now lets customers trade major cryptocurrencies using UAE dirhams/Image: Instagram TL;DR: RAKBANK is the first traditional UAE bank to enable retail crypto trading via its mobile app. The service is delivered in collaboration with Bitpanda Broker MENA DMCC, a licensed VARA-regulated platform. Customers can buy, sell and swap Bitcoin, Ethereum, Solana, […]