UAE Bank Launches VASP-Focused Accounts for Managing User Funds

Publikováno: 1.8.2024

#Emerging Markets #digital economy #Regulation #virtual assets #Virtual Assets Regulatory Authority (VARA)#virtual assets service providers (VASPs)

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Commercial Bank of Dubai (CBD), a United Arab Emirates-based bank, has launched dedicated accounts for virtual asset service providers to manage client funds. CEO Bernd van Linder said the move aligns with CBD’s core banking services and supports the bank’s plans to foster the digital economy. VASP Accounts Align With Bank’s Vision Commercial Bank of […]