UAE Islamic bank Ruya has partnered with Fuze to launch in-app Bitcoin trading, becoming the first Sharia-compliant bank in the country to offer direct BTC purchases. The move comes as crypto adoption in the UAE continues to grow rapidly. According to Chainalysis, the country recorded more than $30 billion in crypto inflows between July 2023 and June 2024, showing a strong 42% year-on-year increase.
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