{"id":39271,"date":"2025-07-29T08:36:23","date_gmt":"2025-07-29T08:36:23","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=39271"},"modified":"2025-07-29T08:36:23","modified_gmt":"2025-07-29T08:36:23","slug":"uae-lender-rakbank-offers-retail-customers-crypto-with-bitpanda","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=39271","title":{"rendered":"UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda"},"content":{"rendered":"<div>\n<p>RAKBANK, one of the oldest lenders in the United Arab Emirates (UAE), is allowing retail customers access to cryptocurrencies through a partnership with Vienna-based crypto exchange Bitpanda, the companies said on Tuesday.<\/p>\n<p>Users can now access &#8220;a range of cryptocurrencies&#8221; via RAKBANK\u2019s mobile banking app. The bank did not specify which cryptocurrencies would be on offer by press time.<\/p>\n<p>The service includes buying, selling and swapping crypto assets using dirhams (AED), sidestepping the typical foreign exchange charges tied to trading in dollars or euros.<\/p>\n<p>Transactions are processed directly from users\u2019 savings or current accounts, eliminating the need to transfer funds to and from third-party crypto exchanges, according to a press release.<\/p>\n<p>Bitpanda\u2019s Dubai-regulated affiliate, Bitpanda Broker MENA DMCC, will handle trade execution. Bitpanda is already regulated in Germany and Vienna, and works with financial institutions like Deutsche Bank and Raiffeisen Bank.<\/p>\n<p>RAKBANK, also known as the National Bank of Ras Al Khaimah, is the first \u201cconventional bank\u201d in the UAE to connect users with digital assets, according to CEO Raheel Ahmed.<\/p>\n<p>\u201cWe recognize the opportunity this solution will provide to customers in the UAE, as we believe they deserve a more efficient and seamless crypto buying, selling and swapping journey that is fully regulated and entirely in AED,\u201d he said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>RAKBANK, one of the oldest lenders in the United Arab Emirates (UAE), is allowing retail customers access to cryptocurrencies through a partnership with Vienna-based crypto exchange Bitpanda, the companies said on Tuesday. Users can now access &#8220;a range of cryptocurrencies&#8221; via RAKBANK\u2019s mobile banking app. The bank did not specify which cryptocurrencies would be on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-39271","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39271"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/39271\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}