1. New Retail Services Launch in the UAE
2. Supporting Dubai’s Digital Asset Vision
3. Standard Chartered’s Role in the New Partnership

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. The launch in the UAE will serve as the initial phase, with plans to extend these services globally in the coming months.

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. As the inaugural cryptocurrency partner of this prestigious football tournament, Crypto.com will gain brand visibility across various UEFA events, starting with the 2024 Super Cup.

Standard Chartered’s Role in the New Partnership

Standard Chartered will provide tailored banking and payment solutions for Crypto.com’s client money accounts. This includes 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.

The partnership between Crypto.com and Standard Chartered represents a significant step in developing global retail services and supporting the leading crypto platform in the UAE. This collaboration aims to enhance the convenience and efficiency of financial transactions for users worldwide.