Kuwait Finance House signed an agreement with the Binance Bahrain platform to add cryptocurrency as a service (CaaS) within the bank's mobile application. With this step, the bank has become the first bank in the Gulf Cooperation Council countries to allow customers to manage, buy, and sell cryptocurrencies directly from its app, without the need for an external account on other trading platforms.

The APIs will enable customers to view their cryptocurrency holdings, execute transactions, and manage cryptocurrencies alongside traditional banking and investment services.

A dashboard will also be available within the app to facilitate the buying, selling, and storing of crypto assets in an easy and secure manner. This step aims to facilitate customer access to cryptocurrencies within a regulated banking environment, with a seamless and integrated user experience for all bank services.

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