Crypto.com Launches Retail Services in over 90 Countries with Standard Chartered
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Crypto.com launched its global retail services on August 29 in partnership with Standard Chartered. The service allows users in over 90 countries to access deposit and withdrawal facilities via the Crypto.com App.
The expansion was facilitated through the regulatory framework established by Dubai’s Virtual Assets Regulatory Authority (VARA).
The company claims that the launch will enhance the efficiency and utility of cryptocurrency transactions for millions of retail users worldwide.
Standard Chartered will provide banking solutions that allow near-real-time processing of deposits and withdrawals in major currencies such as USD, EUR, and AED.
✅ First to offer seamless USD, EUR and AED deposit and withdrawal in over 90 countries.
We’re excited to announce the launch of global retail services to our millions of users worldwide, powered by Standard Chartered Bank from our Dubai hub.
Learn more:https://t.co/mv5kgfi8QU pic.twitter.com/gOgc4qXaBE
The collaboration aligns closely with the UAE’s National Agenda, which focuses on innovation, economic diversification, and the development of a knowledge-based economy.
Rola Abu Manneh, CEO of Standard Chartered UAE, noted that the Crypto.com collaboration supports the UAE’s vision of becoming a hub for digital assets by offering cutting-edge solutions that meet customers’ evolving needs in the region and beyond.
The services will be rolled out next month to customers in the United Arab Emirates (UAE). These customers will have access to Crypto.com’s retail products through the app.
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