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 July 31 (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. Through the exchange listed on the M2 spot market, users can buy and sell Bitcoin and Ethereum.
in the United Arab Emirates currency, the Dirham, and vice versa. Users can also deposit and withdraw 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 this to happen," he said.