Dubai – Crypto.com has unveiled a major expansion of its global retail services, now enabling seamless deposit and withdrawal options for users in over 90 countries. This service, powered by Standard Chartered, marks a significant advancement in the accessibility and convenience of crypto transactions for millions of users worldwide. (Cover photo: Eric Anziani, President and COO of Crypto.com)
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Operating through its regional hub in Dubai, Crypto.com is set to offer these enhanced retail services globally. The expansion is supported by Dubai’s progressive regulatory environment, led by the Virtual Assets Regulatory Authority (VARA), which ensures a secure and robust framework for the growth of digital assets.
Launch in the UAE
Starting today, users across the UAE can access Crypto.com’s industry-leading products via the Crypto.com App, including the ability to buy, sell, and trade over 250 cryptocurrencies. The service will then roll out progressively to retail customers around the globe, offering the same market-leading products, along with superior financial rails for seamless deposits and withdrawals in USD, EUR, and AED.
This global expansion is made possible through a strategic partnership with Standard Chartered. Eric Anziani, President and COO of Crypto.com, emphasized the significance of this collaboration, stating:
“Working with Standard Chartered to launch our global retail services is a huge milestone for us. This partnership not only supports our global growth but also ensures we deliver a world-class customer experience with top-tier security and compliance. Offering our customers effortless fiat deposit and withdrawal capabilities is key to increasing crypto adoption and realizing our vision of crypto in every wallet.”
Eric Anziani, President & COO of Crypto.com
Supporting UAE’s Vision
Rola Abu Manneh, CEO of Standard Chartered, UAE, Middle East, and Pakistan, echoed the importance of this collaboration:
“We are pleased to support Crypto.com’s global expansion by providing tailored banking solutions that enhance the accessibility and functionality of their retail services. This collaboration aligns closely with the UAE’s National Agenda, which emphasizes innovation, economic diversification, and the growth of a knowledge-based economy. By providing cutting-edge solutions that meet the evolving needs of customers across the UAE and beyond, we contribute to the UAE’s vision of becoming a regional and international hub for digital assets.”
Effortless Transactions
With Standard Chartered’s banking and payment solutions, Crypto.com users can now enjoy near-real-time processing of USD, EUR, and AED deposits and withdrawals via the Crypto.com App. This development follows Crypto.com’s achievement of full operational approval from Dubai’s VARA and the launch of the Crypto.com Exchange for institutional investors earlier this year.
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About Crypto.com
Founded in 2016, Crypto.com is a global leader in regulatory compliance, security, and privacy, trusted by over 100 million customers worldwide. Committed to accelerating the adoption of cryptocurrency, Crypto.com’s vision is simple: Cryptocurrency in Every Wallet™. For more information, visit Crypto.com.
About Standard Chartered
Standard Chartered is a leading international banking group, operating in 53 of the world’s most dynamic markets and serving clients in an additional 64. The group’s purpose is to drive commerce and prosperity through unique diversity, with a brand promise of being "here for good." Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges. For more insights, visit sc.com.
Crypto.com Launches Global Retail Services from Dubai Hub, Enhancing Crypto Access Worldwide
blockster.com
29 August 2024 22:31, UTC