Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Commercial Bank of Dubai launches dedicated account for virtual asset service providers
2024-08-02 05:22
Odaily News Commercial Bank of Dubai (CBD), a bank based in the United Arab Emirates, has launched a dedicated account for virtual asset service providers (VASPs) to manage customer funds and meet regulatory requirements. CEO Bernd van Linder said the move is in line with CBD's core banking services and supports the bank's plans to promote the digital economy. (Bitcoin.com)