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    Home»Business»Banks are moving into crypto. Do exchanges still matter?
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    Banks are moving into crypto. Do exchanges still matter?

    Editorial teamBy Editorial teamOctober 27, 2026
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    Gate’s Edwin Cheung explains why banks and crypto exchanges are more likely to become partners than rivals as digital assets gain ground in the UAE

    “Having spent a decade in the traditional finance industry, when I look at how traditional banks and securities firms work closely together, each maintaining their own unique strengths, capabilities and distinct clienteles, I see the same collaborative synergy translating naturally into the Web3 space,” Edwin Cheung, Executive Director of Gate.

    Source: Emirates 24|7

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