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Crypto.com and Standard Chartered Partner to Expand Global Retail Services

Aug 29, 2024
  1. New Retail Services in the UAE
  2. Supporting Dubai’s Digital Asset Vision

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 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.

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

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 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.

This partnership with Standard Chartered underscores Crypto.com's commitment to global expansion and delivering top-quality customer experiences while upholding the highest security and compliance standards.

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