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Crypto.com is entering the international scene with new retail services

Crypto.com launches global retail services for users in 90 countries, streamlining cryptocurrency transactions. Managed from Dubai, with support from Standard Chartered, the move aligns with Dubai's regulatory framework. Initial launch in the UAE will offer over 250 cryptocurrencies, promoting innovation and economic growth in the digital asset sector.

29 August 2024 | 17:43

Crypto.com Launches Global Retail Services for Users in 90 Countries

Crypto.com recently announced the launch of global retail services, now available to users in over 90 countries worldwide. This move aims to streamline the deposit and withdrawal processes for retail customers using the Crypto.com app, enhancing the efficiency and usability of cryptocurrency transactions.

Management from Dubai with Standard Chartered Support

The global retail services offered by Crypto.com will be managed from the company’s regional center in Dubai. Customer service support will be provided by the renowned bank, Standard Chartered. This strategic collaboration is intended to create a secure and fair environment for digital asset development, in line with regulations set by Dubai’s Virtual Assets Regulatory Authority.

Planned Launch of Services for Customers in the United Arab Emirates

The first step will be the availability of retail services for customers in the UAE, allowing them to trade over 250 different cryptocurrencies. These services are expected to be offered starting next month, with plans to eventually expand to other countries worldwide.

Collaboration Supporting Innovation and Economic Development

Abu Manneh from Standard Chartered UAE emphasized that the partnership with Crypto.com aligns with the UAE National Agenda, which prioritizes innovation, economic diversification, and knowledge-based growth. Both companies are collaboratively fostering the development of the cryptocurrency market in the region, offering advanced services and financial infrastructure to ensure secure transactions for customers.

Crypto.com’s global retail services, combined with the expertise and reputation of Standard Chartered, provide cryptocurrency users with the opportunity to conveniently and securely utilize modern financial solutions, thus opening new avenues for the development of the digital asset sector.