Crypto.com Expands Retail Services with Standard Chartered Bank Support

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. New Retail Services in the UAE
  2. Supporting Dubai’s Digital Asset Vision
  3. Benefits of the Partnership


    4. 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 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. 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

    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. Additionally, the exchange has been making headlines with its sponsorship deal for the UEFA Champions League, where it became the inaugural cryptocurrency partner of this prestigious football tournament.

    Benefits of the 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.

    It is evident that Crypto.com’s partnership with Standard Chartered Bank marks a significant milestone in their quest for global expansion. Users worldwide will benefit from an improved and reliable infrastructure for crypto transactions.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Zcash's Impressive Market Performance and ETF Launch

chest

Zcash has experienced a remarkable price increase, gaining over 2,300% in the past year, aided by the launch of Grayscale's Zcash ETF.

user avatarLucas Weissmann

Zcash Surpasses $1,000 Mark, Achieving New All-Time High

chest

Zcash's price broke above $1,000 for the first time in nearly a decade, marking a significant milestone in its market performance.

user avatarRajesh Kumar

Trezor Implements New Security Measures After Data Breach

chest

Trezor is enhancing security measures, including anonymous delivery options, in response to a data breach affecting 67,000 customers.

user avatarFilippo Romano

Data Breach Affects 67,000 Trezor Customers

chest

A data breach at shipping provider ShipMonk has exposed personal information of 67,000 Trezor customers in the US.

user avatarEmily Carter

BAI Establishes Global Settlement Layer for AI Agents to Enhance Collaboration

chest

BAI is building a global settlement layer to enhance collaboration and efficiency among AI agents across various workflows.

user avatarTomas Novak

BAI Launches Free Access to Premium AI Models, Surpassing 133 Trillion Daily Tokens

chest

BAI has launched free access to its premium AI models, leading to a significant increase in platform activity and user adoption.

user avatarKaterina Papadopoulou

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.