Crypto.com, a leading cryptocurrency exchange company, has introduced ‘global retail services’, to offer enhanced crypto journey.
Global retail services, powered by Standard Chartered and the forward-thinking regulatory framework established by Dubai’s Virtual Assets Regulatory Authority (VARA), will be provided to international users around the world through the company’s regional hub in Dubai. The new launch aims to ensure a secure and supportive ecosystem for digital assets growth.
Customers across the UAE can now access Crypto.com’s cutting-edge retail products and services through the app, such as the ability to buy, sell and trade more than 250 cryptocurrencies. Following this, Crypto.com will roll out the service to retail customers across the globe, providing them with the same market-leading products and services and superior financial rails for deposits and withdrawals.
Eric Anziani President and COO – Crypto.com
“Working with Standard Chartered to launch our global retail services is a huge milestone for us. Not only is it a significant step forward in our global expansion plans, but also enables our commitment to delivering a world-class customer experience whilst maintaining the highest levels of security and complianc. Being able to offer our global customers effortless fiat deposit and withdrawal capabilities is key to increasing adoption and reaching our vision of crypto in every wallet.”
This marks another milestone for Crpto.com, following its achievements as one of the first crypto platforms to receive full operational approval from Dubai’s Virtual Assets Regulatory Authority (VARA) and the launch of the Crypto.com Exchange for institutional investors in April 2024.
Rola Abu Manneh, Chief Executive Officer at Standard Chartered, UAE, Middle East and Pakistan for Standard Chartered, added that, “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 closely aligns 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 are contributing to the UAE’s vision of becoming a regional and international hub for digital assets.”
Standard Chartered is now providing Crypto.com with advanced banking and payments solutions for their client money accounts, facilitating near-real time processing of deposit and withdrawals in USD, EUR and AED on the Crypto.com App.
