Bank

United

Bitcoin

DeFi

Planet

<div class="intro-text">
 M2, a leading cryptocurrency exchange in the United Arab Emirates, has <a style="color: #0000ff;" href="https://x.com/M2Exchange/status/1818558679345471526" rel="noopener noreferrer nofollow">introduced </a>a new service that enables the country’s residents to directly purchase and sell Bitcoin and Ether using their bank accounts.
</div>
<a style="color: #0000ff;" href="https://www.edgemiddleeast.com/industry/uae-residents-can-now-easily-trade-bitcoin-and-ethereum-via-m2-adgms-new-bank-integration" rel="noopener noreferrer nofollow">According to a local report</a>, users can now trade Bitcoin (BTC) and Ether (ETH) against the dirham through M2’s spot markets.
The M2 team reportedly highlighted that this integration allows for a more agile response to market fluctuations, offering an easy and efficient way for users to convert their traditional currency into digital assets.
<blockquote>
 “This development marks a significant milestone for M2 ADGM as we aim to broaden our services across the MENA region,”
</blockquote>
stated Stefan Kimmel, CEO of M2. 
<blockquote>
 “Our goal is to minimize the barriers between traditional finance and virtual assets, enabling our clients to navigate these domains with greater ease and security.”
</blockquote>
Kimmel also emphasized that the new service aligns with the UAE’s stringent regulatory framework on digital assets, which is well-known for its robust consumer protection measures. According to the CEO, this regulatory oversight ensures that the exchange operates within one of the world’s most secure financial environments, providing peace of mind for users engaging in digital asset transactions.
M2’s recent introduction of direct crypto trading services in the UAE highlighted the growing demand for digital assets in the region. This expansion of offerings came on the heels of a<a href="https://defi-planet.com/2024/07/blockchain-firm-mantra-partners-with-uae-developer-mag-to-launch-500m-tokenized-real-estate-project-in-dubai/#google_vignette" rel="noopener noreferrer nofollow"> notable partnership between Layer 1 blockchain firm Mantra and leading UAE real estate developer MAG.</a> The two companies recently announced a collaboration to tokenize $500 million worth of real-world assets (RWA) and unlock unique investment opportunities in the Middle Eastern tokenized real estate market,
Mantra claimed the partnership was designed to leverage its secure, RWA-focused blockchain alongside MAG’s established position in the UAE’s real estate sector.&nbsp;
&nbsp;
If you want to read more news articles like this, visit <a style="color: #0000ff;" href="https://defi-planet.com/" rel="noopener noreferrer nofollow">DeFi Planet</a> and follow us on <a style="color: #0000ff;" href="https://twitter.com/PlanetDefi" rel="noopener noreferrer nofollow">Twitter</a>, <a style="color: #0000ff;" href="https://www.linkedin.com/company/defi-planet/" rel="noopener noreferrer nofollow">LinkedIn</a>, <a href="https://www.facebook.com/DeFi-Planet-129907662611402" rel="noopener noreferrer nofollow">Facebook</a>, <a style="color: #0000ff;" href="https://www.instagram.com/defi.planet/" rel="noopener noreferrer nofollow">Instagram</a>, and <a style="color: #0000ff;" href="https://coinmarketcap.com/community/profile/DeFiPlanet/" rel="noopener noreferrer nofollow">CoinMarketCap Community</a>.
“Take control of your crypto portfolio with Markets PRO, DeFi Planet’s suite of analytics tools.”
The post <a href="https://defi-planet.com/2024/07/m2-launches-direct-bitcoin-and-ether-trading-via-bank-accounts-for-uae-residents/" rel="noopener noreferrer nofollow">M2 Launches Direct Bitcoin and Ether Trading via Bank Accounts For UAE Residents</a> appeared first on <a href="https://defi-planet.com" rel="noopener noreferrer nofollow">DeFi Planet</a>.

M2 Launches Direct Bitcoin and Ether Trading via Bank Accounts For UAE Residents

DeFi Planet

Artikel lain yang dipublikasikan pada 31 Jul 2024

Bitcoin Whale Alert: 4,500 BTC Moved from Binance to Trigger a Rally?

Samsung Q2 profit surges 15-fold on AI chip demand

Can Shiba Inu Have an Alternative? P2E Meme Coin Shiba Shootout Raises $700,000 Rapidly

Fidelity's Bitcoin ETF Debuts in London

Bitcoin Eyes $67,000 Mark

Bitcoin Mining Difficulty Sets New Record Above 90 Trillion Amid Increased Competition

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!