Crypto.com launches global retail services from its Dubai hub, offering seamless crypto deposit and withdrawal capabilities to users in over 90 countries.
Crypto.com has launched global retail services, enabling seamless deposit and withdrawal capabilities for millions of users on the Crypto.com App across more than 90 countries. This enhancement aims to improve the efficiency and usability of crypto transactions for retail customers worldwide.
These global retail services are managed through Crypto.com’s regional hub in Dubai, supported by Standard Chartered and guided by the regulatory framework established by Dubai’s Virtual Assets Regulatory Authority (VARA), providing a secure and robust environment for digital asset growth.
The initial launch targets customers in the UAE, who can now access Crypto.com’s retail products via the Crypto.com App, including the ability to buy, sell, and trade over 250 cryptocurrencies. The services will gradually expand to retail users globally, offering the same comprehensive products and reliable financial infrastructure for deposits and withdrawals.
“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 compliance” said Eric Anziani, President and COO of Crypto.com. “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.”
Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE, Middle East and Pakistan for Standard Chartered, added: “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 emphasises 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 banking and payment solutions, enabling near-real-time processing of USD, EUR, and AED deposits and withdrawals through the Crypto.com App. This follows Crypto.com’s achievement as one of the first crypto platforms to receive full operational approval from Dubai’s VARA, along with the launch of the Crypto.com Exchange for institutional investors in April 2024.
About Crypto.com
Founded in 2016, Crypto.com is a leading cryptocurrency platform trusted by over 100 million users globally. Renowned for its strong focus on regulatory compliance, security, and privacy, Crypto.com is dedicated to making cryptocurrency accessible to everyone. With the vision of putting “Cryptocurrency in Every Wallet™,” Crypto.com strives to drive the adoption of digital currencies through continuous innovation and a user-centric approach.
Learn more at https://crypto.com.
About Standard Chartered
Standard Chartered is a leading international banking group with a strong presence in 53 of the world’s most dynamic markets and serving clients in an additional 64 countries. Our mission is to drive commerce and prosperity by leveraging our unique diversity and global reach. Guided by our heritage and values, our brand promise, “Here for good,” reflects our commitment to sustainable growth and positive impact. Standard Chartered PLC is publicly listed on the London and Hong Kong Stock Exchanges.
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