- New Retail Services in the UAE
- Supporting Dubai’s Digital Asset Vision
- Conclusion
Crypto.com has announced a partnership with Standard Chartered Bank to expand its global retail services. This collaboration aims to improve the efficiency and utility of crypto transactions for millions of users worldwide.
New Retail Services in the UAE
Starting next month, 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, including 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, providing brand visibility across various UEFA events, starting with the 2024 Super Cup.
Conclusion
Integration of Standard Chartered's banking solutions will allow for near-real-time processing of deposits and withdrawals in multiple currencies, expected to streamline financial transactions for Crypto.com's users.
The partnership with Standard Chartered advances Crypto.com's development, reinforcing its position as a leading player in the cryptocurrency market. This collaboration aims to enhance the customer experience and simplify the management of crypto assets for users worldwide.
