2026-03-19 11:16:26
UAE RAK Bank Sets Limits on Cryptocurrency Transactions, with Regular Retail Customers Capped at Around 65,000 USD
RAK Bank in the UAE announced that it will set customer cryptocurrency trading limits starting in 2026, with regular retail customers capped at 240,000 dirhams, RAK Bank Select customers at 576,000 dirhams, and RAK Bank Elite customers at 6 million dirhams. Customers can apply to increase their limits, but approval and proof of funds are required.