Dubai Commercial Bank launches dedicated accounts for virtual asset service providers

2024-08-02 13:24:13

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ChainCatcher news, according to Bitcoin.com, Commercial Bank of Dubai (CBD) has launched dedicated accounts for virtual asset service providers (VASP) to manage client funds and meet regulatory requirements.

CBD CEO Bernd van Linder stated that this move aligns with CBD's core banking services and supports the bank's plans to promote the digital economy.

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