United Arab Emirates allows trading of Bitcoin and Ethereum directly from bank accounts

It will now be possible to trade crypto assets directly into bank accounts in the United Arab Emirates (UAE). According to Cointelegraph on the 31st (local time), cryptocurrency exchange M2 has announced that UAE residents can now trade crypto assets directly into bank accounts.
The company announced that it will allow users to buy and sell Bitcoin and Ethereum directly using their bank accounts. Users can now buy and sell Bitcoin and Ethereum through exchanges listed on the M2 spot market.
The currency of the United Arab Emirates, the Dirham, can be traded on the platform and vice versa. Users can also deposit and withdraw funds in Dirham.
"This integration will allow users to easily convert local currencies into crypto assets, allowing them to quickly adapt to market changes," the M2 team said.
"We will make it possible for the government to adapt to this situation."