In a global first, UAE-based Islamic bank ruya launches Shari’ah-compliant cryptocurrency investment services, enabling customers to buy and sell Bitcoin and other virtual assets through its mobile app.
The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients' digital assets.
Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment.
Users cannot transfer funds off the platform due to the bank not supporting custodial wallets, but there are lower fees for bitcoin than other digital assets.
