Swiss crypto platform Taurus is set to boost digital banking in the UAE through a partnership with Zand Bank. Taurus will provide Zand with enhanced custody and tokenization options, and blockchain connectivity. This will enable Zand to issue tokenized financial and real-world assets across various blockchains under UAE regulation. The move comes as the UAE continues to reform its digital financial market, including tighter Anti-Money Laundering checks and a crackdown on unlicensed virtual asset service providers. The UAE's crypto-friendly stance has attracted a wave of crypto firms, including Binance, Crypto.com, and Solana.