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The UAE has launched its first gold ATM machine, allowing users to purchase gold and silver bars through electronic wallets or credit cards.

PANews November 30 news, according to Techinasia, Emirates Gold and Public Gold have launched a gold ATM in the UAE. This machine allows users to purchase gold and silver bars using electronic Wallet or credit cards, and withdraw physical gold and silver from their digital account. The two companies plan to deploy 35 to 40 ATMs nationwide in the UAE by 2026. Future possible features include cryptocurrency exchange.

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