There’s big news coming out of the Middle East again. An Islamic bank in the UAE called Ruya has just launched a Bitcoin trading feature directly in its own app, so now customers can buy and sell BTC right from their phones. They’re partnering with a locally licensed digital asset service provider called Fuze for this, making Ruya the first Islamic bank system to pioneer this kind of service.

To be honest, the UAE has been making serious moves in crypto these past couple of years. According to some reports, over $30 billion in crypto funds flowed into the UAE in the 12 months from last July to this June, which is a significant increase compared to the previous year. Now that even traditional banks are actively embracing digital assets, it’s clear that the Middle Eastern market’s acceptance of crypto is really picking up speed.