December 30, 2024, Dubai — Crypto.com has signed a Memorandum of Understanding with the largest Islamic bank in the UAE, Dubai Islamic Bank (DIB). The agreement includes the development of tokenized Islamic sukuks and tokenization of real assets using the Cronos blockchain, as well as the promotion of Crypto.com apps and cards through DIB's channels. The partnership aims to integrate sharia-compliant cryptocurrency solutions and financial technologies for users in the UAE and the GCC region.
12/30/2024 11:15:54 AM (GMT+1)
Crypto.com and Dubai Islamic Bank have signed a Memorandum of Understanding to create tokenized Islamic sukuks and sharia-compliant cryptocurrency solutions in the UAE and GCC 🚀
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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