The company announced that it will launch global personal banking services, including withdrawal services, which is expected to significantly improve efficiency and convenience in the cryptocurrency trading process.
Crypto.com's global personal banking services are delivered to clients around the world through its hub in Dubai. The service is provided by Standard Chartered
The initiative will be carried out within innovative regulatory standards established by the Dubai Virtual Currency Regulatory Authority (VARA) and the Dubai Cryptocurrency Regulatory Authority (DXA), ensuring a robust and secure environment that supports the growth of digital assets.
With this release, customers in the United Arab Emirates (UAE) can use 250 cryptocurrencies on the Crypto.com app starting today.
Over the next few years, Crypto.com will gradually offer the same level of advanced financial services and deposit/withdrawal capabilities to retail customers around the world.
Eric Anziani, President and COO of Crypto.com, said: "Our partnership with Standard Chartered is a great opportunity for us to expand our reach.
The launch of Global Personal Banking Services by Yahoo! JAPAN marks a major milestone in our global expansion plans and will be undertaken with the highest standards of security and compliance.
"This is an effort to provide the world's best customer experience while maintaining our reputation as a leading global wallet service," he said. "Being able to provide seamless fiat currency deposit and withdrawal functionality to our global customers is a testament to our vision of becoming 'the go-to wallet for all.'"
"This partnership is a critical step in delivering on our vision of 'bringing crypto to the digital economy,'" said Rola Abu, CEO of Standard Chartered UAE, Middle East and Pakistan.
"We are able to provide customized banking solutions that will help Crypto.com expand globally and improve the accessibility and functionality of our services," said Manneh.
This collaboration is closely aligned with the UAE's national agenda, which emphasizes innovation, economic diversification and the growth of a knowledge-based economy.
Chartered will position the UAE as a regional and international hub for digital assets by providing cutting-edge solutions aligned with clients' evolving needs.
Standard Chartered will provide Crypto.com with banking and payment solutions for its customer funds accounts and will also provide a
The app supports real-time deposit and withdrawal of USD, EUR, and AED. Meanwhile, Crypto.com is the first cryptocurrency platform to be launched in April.
The company received official operating approval from the Dubai Virtual Asset Regulatory Authority (VARA) and launched the Crypto.com Exchange for institutional investors.
2024/08/30 10:36 KST
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