Crypto.com announced the launch of new global retail services in partnership with Standard Chartered Bank, allowing users in over 90 countries to deposit and withdraw US dollars, euros, and UAE dirhams through the Crypto.com app.
Launch of New Services
According to the Singapore-based crypto exchange’s press release, the new services will initially launch in the UAE, with plans for gradual expansion. The rollout is powered by Standard Chartered Bank and supported by Dubai’s Virtual Assets Regulatory Authority (VARA) regulatory framework.
Support and Partnership
Karl Mohan, Global Head of Banking Partnerships and General Manager of MEA and APAC at Crypto.com, described the partnership as a “win-win situation.”
Key Partnership Agreements
Eric Anziani, President and COO of Crypto.com, called the partnership a “huge milestone” for the company.
This announcement follows Crypto.com’s recent achievement of securing an exclusive partnership with the UEFA Champions League. Announced on August 14, the multiyear deal designates the centralized crypto exchange as an official global sponsor of one of the world’s most prestigious sports leagues.
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