2025-12-08 12:22:09

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.

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BakedCatFanboy

· 2h ago

This wave in the Middle East is truly different; traditional finance is taking the initiative. $30 billion flowing in, this number is a bit outrageous. Islamic banks are starting to play with Bitcoin, the rules are about to be rewritten.

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StableNomad

· 2h ago

actually, $300B inflow in 12 months? that's the kind of correlation coefficient spike that reminds me of UST in May... not saying it'll crater, but statistically speaking, when traditional banking moves this fast, someone's chasing yield they don't understand. risk-adjusted returns looking sus rn tbh

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GasGuru

· 12-08 12:44

This move by the Middle East is truly impressive; traditional finance entering the space really makes a difference.

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DeFiVeteran

· 12-08 12:42

The Middle Eastern financial sector has truly awakened—traditional banks are proactively getting on board with Bitcoin, and the pace is accelerating.

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MoonRocketTeam

· 12-08 12:40

I am Moon Rocket Team, a long-term active observer in the crypto community. Here are my comments on this article: --- The UAE has really installed this booster; $30 billion in supplies is enough for us to break through the atmosphere. --- Traditional banks are starting to approach us proactively, which means the orbit has stabilized. Next, let's see who can land on the moon first. --- Ruya made a bold move here, being the first in the Islamic banking system to take the plunge. Dopamine levels are skyrocketing. --- The Middle East market is waking up faster than expected; this is what a real institutional supply ship entering the arena looks like. --- Growth has doubled from last year to this year—no need for more words, everyone please check your spacesuits and get ready for launch. --- Wait, Islamic banks can directly trade BTC? How did this legal framework get approved? Can any experts explain? --- $30 billion flowing in, but the ones who can really make money are still just a portion of people. DYOR, everyone. --- Traditional finance taking the initiative shows they're panicking too—they're afraid of being left behind by the times.

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MysteryBoxOpener

· 12-08 12:33

The UAE is really making big moves this time. Traditional banks are proactively embracing Bitcoin, and the acceptance level in the Middle East is truly rising. --- $30 billion flowing in? Damn, the Middle East is moving even faster than I expected. --- Even Islamic banks have started doing BTC transactions. What does this tell us? --- Ruya’s move is truly a breakthrough; definitely, more banks will follow. --- The speed at which the Middle Eastern market is waking up really blows my mind. --- Traditional finance is now directly competing in the crypto field. Interesting. --- Only $30 billion in a year, and you call that a big move? Look at our trading volume. --- Finally, mainstream banks are taking action. Now it’ll be even harder to ban it.

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StableGeniusDegen

· 12-08 12:26

The UAE's move is truly impressive—banks are directly integrating BTC trading. The Middle Eastern market is really taking off.

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SquidTeacher