Crypto.com’s new global retail services, supported by Standard Chartered, offers USD, EUR and AED deposit and withdrawals globally.
Crypto.com has launched its global retail services to provide deposit and withdrawal facilities for its users in over 90 countries, with the service being offered through the company’s regional hub in Dubai.
The platform functions will be available to customers in the UAE on the Crypto.com app. The global retail services will then subsequently be available to retail customers across the globe. The launch is powered by Standard Chartered and Dubai’s Virtual Assets Regulatory Authority (VARA) regulatory framework.
“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.
Rola Abu Manneh, Chief Executive Officer, Standard Chartered, UAE, Middle East and Pakistan for Standard Chartered, said: “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.”
This milestone follows Crypto.com becoming 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.
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