{"id":134580,"date":"2024-07-31T17:00:52","date_gmt":"2024-07-31T14:00:52","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134580"},"modified":"2024-07-31T14:35:38","modified_gmt":"2024-07-31T11:35:38","slug":"uae-bank-accounts-now-support-bitcoin-and-ethereum-transactions","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/uae-bank-accounts-now-support-bitcoin-and-ethereum-transactions\/","title":{"rendered":"UAE Bank Accounts Now Support Bitcoin and Ethereum Transactions"},"content":{"rendered":"<p>This <strong><a href=\"https:\/\/cointelegraph.com\/news\/m2-exchange-uae-aed-to-crypto\" target=\"_blank\" rel=\"nofollow\">integration<\/a><\/strong> allows users to convert UAE dirhams into <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong> and <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/ethereum\/\">Ethereum<\/a><\/strong> and vice versa through M2\u2019s platform. Additionally, users can deposit and withdraw dirhams, streamlining the process of buying and selling digital assets.<\/p>\n<p>M2\u2019s CEO, Stefan Kimmel, described this update as a key milestone in enhancing the accessibility of cryptocurrencies in the region.<\/p>\n<p>He highlighted that this move aligns with M2\u2019s efforts to simplify the interaction between traditional banking and digital assets, all while adhering to the UAE\u2019s rigorous regulatory standards.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-expert-predicts-major-bitcoin-upswing\/\" title=\"Crypto Expert Predicts Major Bitcoin Upswing\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-ai-generated-8677233_1280-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Expert Predicts Major Bitcoin Upswing<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The exchange, which is licensed by the Financial Services Regulatory Authority in Abu Dhabi, began this new phase of operations on August 16, 2023.<\/p>\n<p>The licensing ensures that M2 meets the high security and transparency requirements set by UAE regulators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange M2 has introduced a new feature that enables residents of the United Arab Emirates to directly trade Bitcoin and Ethereum using their local bank accounts.<\/p>\n","protected":false},"author":3,"featured_media":29950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27,22],"tags":[],"class_list":["post-134580","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UAE Bank Accounts Now Support Bitcoin and Ethereum Transactions<\/title>\n<meta name=\"description\" content=\"Crypto exchange M2 has introduced a new feature that enables residents of the United Arab Emirates to directly trade Bitcoin and Ethereum...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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