According to Foresight News, CoinDesk reports that Emirates NBD, a bank owned by the Dubai government, has initiated cryptocurrency trading services through its digital banking subsidiary, Liv. Customers can now buy and sell cryptocurrencies using the new Liv X application.
Liv is utilizing infrastructure operated by Aquanow, a digital asset platform licensed by the Dubai Virtual Assets Regulatory Authority (VARA), to offer its crypto services. Additionally, Zodia, supported by Standard Chartered, is providing custody services for Liv's new product.