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Several UAE Banks Banned Online Trading on Virtual Currencies

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
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Several UAE Banks Banned Online Trading on Virtual Currencies
Cover image via U.Today
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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.

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