PANews reported on March 6 that according to CoinDesk, Emirates NBD Bank, a holding company of the Dubai government, has launched a crypto trading service through its digital bank Liv, allowing users to buy and sell cryptocurrencies on its new app Liv X. The service is supported by Aquanow, a digital asset platform licensed by the Dubai Virtual Asset Regulatory Authority (VARA), and the custody service is provided by Zodia, which is supported by Standard Chartered Bank.