The UAE bank RAKBANK partners with Bitpanda to offer cryptocurrency services to retail investors
BlockBeats News, July 29th, according to CoinDesk, RAKBANK, one of the oldest banks in the UAE, has partnered with the cryptocurrency platform Bitpanda to become the UAE's first traditional bank to offer cryptocurrency services to retail customers. Users can now buy, sell, and exchange cryptocurrency through RAKBANK's mobile banking app, with transactions settled directly in Emirati Dirham (AED), avoiding the exchange rate fees associated with using USD or EUR for transactions.
This service is facilitated through Bitpanda's Dubai-regulated subsidiary, Bitpanda Broker MENA DMCC, with funds deducted directly from users' savings or current accounts, eliminating the need to transfer funds to a third-party cryptocurrency exchange.
You may also like

Moon Pursuit Capital Launches $100 Million Market-Neutral Crypto Fund
Key Takeaways Moon Pursuit Capital, a crypto-focused investment firm, is setting up a $100 million market-neutral crypto fund…

How HashKey Intends to Pave the Way as Hong Kong’s Premier Crypto IPO
Key Takeaways HashKey aims to be Hong Kong’s first fully crypto-native Initial Public Offering (IPO), with plans to…

Wiki Finance Expo Hong Kong 2026: Asia’s Premier Fintech & Web3.0 Spectacle Set for July!
Key Takeaways Asia’s largest fintech and Web3.0 event, WikiEXPO 2026, will be hosted in Hong Kong at the…

Three Titans Jointly Bet, Abu Dhabi Becomes "Crypto Capital"
AI Trading in Action: A Prelude to the WEEX AI Trading Hackathon
On December 4, 2025, WEEX hosted its first offline workshop for its hackathon season, bringing the passion of AI WARS into the real world. Top KOLs, professional traders, and hackathon participants gathered for a night of strategic games and fast-paced trading, creating a tense and exciting atmosphere where every move was crucial.

Join AI Wars: WEEX Alpha Awakens!Global Call for AI Trading Alphas
AI Wars: WEEX Alpha Awakens is a global AI trading hackathon in Dubai, calling quant teams, algorithmic traders and AI developers to unleash their AI crypto trading strategies in live markets for a share of a US$880,000 prize pool.

What is WEEX Alpha Awakens and How to Participate? A Complete Guide
To accelerate breakthroughs at the intersection of AI and crypto, WEEX is launching the world’s first global AI Trading Hackathon — AI Wars: Alpha Awakens.

Binance's new CEO, He Yi, in a recent interview: Admires Duan Yongping and Discusses Women's Career Choices

UAE’s New Crypto Law Sparks Fear of a Bitcoin Ban
Key Takeaways: A new UAE law significantly expands licensing requirements for cryptocurrency tools, raising concerns of a de…

UAE Accelerates Digital Dirham Pilot with Its First Successful Transaction
Key Takeaways The UAE’s pilot program for its central bank digital currency (CBDC), the digital dirham, has achieved…

When Crypto Dreams Meet Ferraris: The Journey of Crypto Kid Efe Kelemci
Key Takeaways Efe Kelemci, known as Crypto Kid, is a teenage crypto millionaire considering investing his crypto profits…

$RAVE Unveils Tokenomics, Igniting the Decentralized Cultural Engine Powering Global Entertainment
WEEX at Blockchain Life 2025: Connecting Communities and Driving Innovation in Dubai
WEEX’s participation in Blockchain Life 2025 was a significant milestone in our journey to become a global leader in the crypto space. As we continue to expand our reach, we remain committed to building deeper liquidity and bigger opportunities for traders, influencers, and the entire blockchain community.

SAFEX has officially rebranded to YUBIT, ushering in a new era of globalization and innovation.
WEEX Stole the Show at EBC11 with KOL Friendly Experience and Football Vibes
The European Blockchain Convention 11 (EBC11) took place on October 16-17, 2025, in the heart of Barcelona at the renowned Fira Barcelona. As one of Europe's most influential blockchain events, it attracted over 6000 attendees, with more than 300 speakers and 200 sponsors, offering a fantastic opportunity for networking and learning. WEEX, as a Silver Sponsor, brought an exciting energy to the event, showcasing the platform’s ambition to bring its presence in Europe to the next level. The atmosphere was electrified by a mix of cutting-edge crypto technology and the world of sports, setting the stage for WEEX to make a splash!
WEEX's EBC11 Juggle Challenge: Pre-Event Buzz with Michael OwenLeading up to the event, WEEX created a buzz through the WEEX x Michael Owen Juggle Challenge on social media. The challenge invited crypto and football fans alike to show off their juggling skills, with participants posting their attempts on social media. The initiative was a huge success, attracting 200+ participants. This challenge perfectly combined the worlds of crypto and football, setting the stage for an unforgettable EBC11 experience. With these impressive numbers, it’s clear that the Crypto + Football passion was already heating up well before the event kicked off!
WEEX's On-Site Excitement: Engaging Games and Prizes GaloreOnce at the EBC11 booth, WEEX impressed booth visitors with its next-level services, especially its all-round support and benefits for KOLs, which is proved by being awarded as "Most KOL Friendly Exchange" by 150 top-tier influencers last month. At the venue, WEEX ramped up the energy with an engaging on-site version of the Juggle Challenge. The atmosphere was buzzing as booth visitors, including KOLs and soccer talents, showcased their football juggling prowess. Participants had the chance to win exciting WEEX-branded rewards, further enhancing the event experience. The crowd’s energy skyrocketed, making WEEX the center of attention, and turning the event into a celebration of crypto, football, and fun. With such a lively and interactive atmosphere, it’s no wonder that WEEX became the talk of the convention.
Looking Ahead: What's Next for WEEX in 2025Reflecting on WEEX's participation at EBC11, it’s clear that this event played a crucial role in raising the platform’s visibility and strengthening its ties with the European blockchain community. But the excitement doesn’t stop here! WEEX is gearing up for Blockchain Life 2025 in Dubai (October 28-29) and will follow that up with an AI Trading Hackathon at the end of November. These events will bring together the best minds in AI and crypto, creating new opportunities for innovation and talent discovery. With WEEX at the forefront of these cutting-edge initiatives, the future looks bright for both crypto traders and blockchain developers. Stay tuned, as WEEX continues to lead the way into the next chapter of blockchain and AI-driven trading.
Watch recap video to relive the best moments:
Follow WEEX on social media:
· Instagram: @WEEX Exchange
· X: @WEEX_Official
· Tiktok: @weex_global
· Youtube: @WEEX_Global
· Discord: WEEX Community
· Telegram: WeexGlobal Group
Disclaimer:
WEEX does not currently conduct any virtual asset activities in Europe and has not been licensed by any European regulatory authorities. WEEX will only engage in virtual asset activities in Europe upon obtaining the necessary licenses from the relevant regulatory bodies.

VARA Greenlights Dubai’s Pioneering Tokenized Fund: A Game-Changer for Institutional Investors
Imagine stepping into a world where traditional finance meets the cutting edge of blockchain, much like blending a…

VARA Greenlights Dubai’s Pioneering Tokenized Fund: Revolutionizing Institutional Investments
Imagine stepping into a world where traditional finance meets blockchain’s cutting-edge efficiency, much like how smartphones transformed basic…

Standard Chartered Expands Crypto Custody Services for Institutional Clients in Europe
As the cryptocurrency market continues to evolve, major banking institutions are stepping up to provide secure solutions. On…
Moon Pursuit Capital Launches $100 Million Market-Neutral Crypto Fund
Key Takeaways Moon Pursuit Capital, a crypto-focused investment firm, is setting up a $100 million market-neutral crypto fund…
How HashKey Intends to Pave the Way as Hong Kong’s Premier Crypto IPO
Key Takeaways HashKey aims to be Hong Kong’s first fully crypto-native Initial Public Offering (IPO), with plans to…
Wiki Finance Expo Hong Kong 2026: Asia’s Premier Fintech & Web3.0 Spectacle Set for July!
Key Takeaways Asia’s largest fintech and Web3.0 event, WikiEXPO 2026, will be hosted in Hong Kong at the…
Three Titans Jointly Bet, Abu Dhabi Becomes "Crypto Capital"
AI Trading in Action: A Prelude to the WEEX AI Trading Hackathon
On December 4, 2025, WEEX hosted its first offline workshop for its hackathon season, bringing the passion of AI WARS into the real world. Top KOLs, professional traders, and hackathon participants gathered for a night of strategic games and fast-paced trading, creating a tense and exciting atmosphere where every move was crucial.
Join AI Wars: WEEX Alpha Awakens!Global Call for AI Trading Alphas
AI Wars: WEEX Alpha Awakens is a global AI trading hackathon in Dubai, calling quant teams, algorithmic traders and AI developers to unleash their AI crypto trading strategies in live markets for a share of a US$880,000 prize pool.