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UAE Islamic Bank Launches In-App Bitcoin Trading

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Credit : coinpedia.org

UAE Islamic financial institution Ruya has partnered with Fuze to launch in-app Bitcoin buying and selling, turning into the primary Sharia-compliant financial institution within the nation to supply instantaneous BTC purchases. The transfer comes as cryptocurrency adoption within the UAE continues to develop quickly. In response to Chainalysis, the nation recorded greater than $30 billion in crypto inflows between July 2023 and June 2024, displaying a powerful improve of 42% year-on-year.

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