Foresight News reported that the cryptocurrency exchange Crypto.com has signed a memorandum of understanding with the United Arab Emirates Islamic Bank to further expand its market influence in the UAE and the wider Gulf region. Mohammed Al Hakim, Crypto.com's UAE Operations Director, said: "This collaboration bridges the gap between cryptocurrency and Islamic banking, paving the way for future cooperation in tokenized Islamic bonds and Sharia-compliant crypto solutions." Previously, Crypto.com acquired the regulated Orion Principals Limited and launched the AED wallet to provide local currency services to UAE users.
Crypto.com Signed a Memorandum of Understanding with Emirates Islamic Bank
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