Crypto[dot]com announced a partnership with Standard Chartered Bank to expand its Global Retail Services. This collaboration aims to enhance the efficiency and utility of crypto transactions for millions of users worldwide. 

Through this partnership, the exchange will integrate advanced banking solutions provided by Standard Chartered, allowing seamless deposits and withdrawals in over 90 countries.

New Retail Services Launch in the UAE

Starting next month, the new retail services will be rolled out to customers in the UAE. Users will gain access to Crypto[dot]com’s suite of products and services via the Crypto[dot]com App. This includes the ability to buy, sell, and trade more than 250 cryptocurrencies. 

The launch in the UAE will serve as the initial phase, with plans to extend these services globally in the coming months.

“Working with Standard Chartered to launch our global retail services is a huge milestone for us,” said Eric Anziani, President and COO of Crypto[dot]com. “This collaboration not only advances our global expansion but also underscores our commitment to delivering a top-notch customer experience while upholding the highest security and compliance standards.”

Standard Chartered will provide tailored banking and payment solutions for Crypto[dot]com’s client money accounts. This includes near-real-time processing of deposits and withdrawals in USD, EUR, and AED. The integration of these solutions is expected to streamline financial transactions, making it easier for users to manage their crypto assets.

Supporting Dubai’s Digital Asset Vision

The partnership builds on Crypto[dot]com’s recent achievements, including full operational authorization from Dubai’s Virtual Assets Regulatory Authority (VARA) in April 2024. This milestone made Crypto[dot]com one of the top crypto platforms in the UAE that can handle fiat transactions. 

In addition to regulatory milestones, the exchange has been making headlines with its sponsorship deal for the UEFA Champions League. As the inaugural cryptocurrency partner of this prestigious football tournament, Crypto[dot]com will gain brand visibility across various UEFA events, starting with the 2024 Super Cup.