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Crypto.com Partners with Standard Chartered to Expand Global Retail Services

Sep 2, 2024
  1. New Retail Services Launch in the UAE
  2. Supporting Dubai’s Digital Asset Vision
  3. Integration of Banking Solutions

Crypto.com has 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.

“Working with Standard Chartered to launch our global retail services is a huge milestone for us,” said Eric Anziani, President and COO of Crypto.com. “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

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.

Integration of Banking Solutions

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 collaboration between Crypto.com and Standard Chartered opens new opportunities for users worldwide, ensuring simplified and secure financial transactions. The launch of new services in the UAE will be the first step in a global rollout of these solutions.

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