Several UAE Banks Banned Online Trading on Virtual Currencies

By George Shnurenko

Mon, 5/03/2018 - 13:22

To protect their customers from unsecured transactions, some international banks in the UAE have banned online trading with the digital cryptocurrencies

Several UAE Banks Banned Online Trading on Virtual Currencies

Cover image via U.Today

Read U.TODAY on

Google News

To protect their customers from unsecured transactions, some international banks in the UAE have banned online trading with cryptocurrencies. However, transactions through brokerage companies with a license connected to foreign markets or funds including Bitcoin or Ethereum are still available.