Dubai’s Emirates NBD Launches Crypto Trading Through Digital Arm

The largest bank in Dubai has partnered with digital-assets firm Aquanow to start offering cryptocurrency services through its digital banking arm.

Users of Emirates NBD’s digital bank Liv can now buy, sell and trade cryptocurrencies through the Liv X app, according to a statement.

It’s the latest sign of banks pushing deeper into the digital-assets space after an extended rally that culminated in Bitcoin hitting a record of $109,241 on Jan. 20. Italy’s largest bank Intesa Sanpaolo SpA recently made its first spot Bitcoin purchase, while Switzerland’s PostFinance AG in January expanded its digital-asset offering to include Ether ...