Revolutionizing Crypto Accessibility Worldwide
Crypto.com has unveiled its groundbreaking global retail services, marking a significant leap forward in cryptocurrency accessibility. Powered by banking solutions from Standard Chartered, this initiative will enable seamless USD, EUR, and AED transactions for users across 90+ countries through the Crypto.com App.
Key Features of the New Service
- Multi-Currency Support: First platform to offer USD, EUR, and AED deposit/withdrawal capabilities globally
- Expanded Cryptocurrency Access: Buy, sell, and trade 250+ digital assets
- Enhanced Transaction Speed: Near-real-time processing through Standard Chartered's banking infrastructure
- Regulatory Compliance: Operates under Dubai's Virtual Assets Regulatory Authority (VARA) framework
The Dubai Advantage
Crypto.com's strategic choice of Dubai as its regional hub offers several benefits:
- Progressive Regulation: VARA's forward-thinking framework ensures secure digital asset growth
- Strategic Location: Dubai serves as a gateway between East and West markets
- Financial Infrastructure: Partnership with Standard Chartered provides robust banking solutions
👉 Discover how Crypto.com is transforming crypto accessibility
Leadership Perspectives
Eric Anziani, President and COO of Crypto.com, emphasized:
"This collaboration represents our commitment to world-class customer experiences while maintaining top security standards. Simplifying fiat transactions is crucial for mainstream crypto adoption."
Rola Abu Manneh, CEO of Standard Chartered UAE, added:
"Our tailored solutions support the UAE's vision of becoming a digital asset hub while meeting evolving customer needs across global markets."
Implementation Timeline
| Phase | Region | Expected Launch |
|---|---|---|
| 1 | UAE | September 2024 |
| 2 | Global Expansion | Progressive rollout |
Regulatory Milestones
This launch follows Crypto.com's recent achievements:
- Full operational approval from VARA
- April 2024 institutional exchange launch
- Compliance leadership in 20+ regulated jurisdictions
Frequently Asked Questions
What currencies are supported for deposits/withdrawals?
Initially USD, EUR, and AED, with potential expansion based on market demand.
How does this differ from previous Crypto.com services?
This represents the first truly global retail offering with integrated banking solutions from a major international bank.
When will my country gain access?
The service will progressively roll out worldwide after the UAE launch, with no confirmed timeline yet for specific markets.
Is there any fee advantage for early adopters?
While fee structures haven't been disclosed, Crypto.com typically rewards early participants in new initiatives.
👉 Explore Crypto.com's vision for the future of finance
About the Partners
Crypto.com
Founded in 2016, Crypto.com serves 100M+ users worldwide with industry-leading security and compliance standards. Their mission: "Cryptocurrency in Every Wallet™."
Standard Chartered
A leading international bank operating in 53 markets, committed to driving commerce through innovative financial solutions.
This strategic partnership combines Crypto.com's crypto expertise with Standard Chartered's global banking infrastructure, creating unprecedented accessibility in digital asset services.