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Crypto.com announces partnership with Standard Chartered to expand retail services

Sep 11, 2024
  1. New Retail Services Launch in the UAE
  2. Supporting Dubai’s Digital Asset Vision
  3. Quote from President and COO of Crypto.com

Crypto.com announced a partnership with Standard Chartered Bank to expand its Global Retail Services. This collaboration aims to enhance the efficiency and utility of crypto transactions for millions of users worldwide.

New Retail Services Launch in the UAE

Starting next month, the new retail services will be rolled out to customers in the UAE. Users will gain access to Crypto.com’s suite of products and services via the Crypto.com App. This includes the ability to buy, sell, and trade more than 250 cryptocurrencies.

Supporting Dubai’s Digital Asset Vision

The partnership builds on Crypto.com’s recent achievements, including full operational authorization from Dubai’s Virtual Assets Regulatory Authority (VARA) in April 2024. This milestone made Crypto.com one of the top crypto platforms in the UAE that can handle fiat transactions. In addition to regulatory milestones, the exchange has been making headlines with its sponsorship deal for the UEFA Champions League, giving it brand visibility across various UEFA events, starting with the 2024 Super Cup.

Quote from President and COO of Crypto.com

Standard Chartered will provide tailored banking and payment solutions for Crypto.com’s client money accounts, including near-real-time processing of deposits and withdrawals in USD, EUR, and AED. The integration of these solutions is expected to streamline financial transactions, making it easier for users to manage their crypto assets.

Working with Standard Chartered to launch our global retail services is a huge milestone for us. This collaboration not only advances our global expansion but also underscores our commitment to delivering a top-notch customer experience while upholding the highest security and compliance standards.Eric Anziani, President and COO of Crypto.com

The partnership between Crypto.com and Standard Chartered represents a significant advancement in crypto transaction efficiency and customer service, offering new opportunities for users worldwide.

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