Dubai, UAE — Crypto.com has announced the launch of its global retail services, aimed at enhancing the efficiency and accessibility of cryptocurrency transactions for users in over 90 countries. This new initiative is set to streamline the deposit and withdrawal processes for retail users of the Crypto.com App, marking a significant advancement in the company’s global expansion strategy.
The new retail services will be managed from Crypto.com’s regional hub in Dubai, with Standard Chartered playing a crucial role in supporting this expansion. The initiative is backed by Dubai’s Virtual Assets Regulatory Authority, which provides a secure regulatory framework designed to foster the growth of digital assets.
Eric Anziani, President and COO of Crypto.com, expressed enthusiasm about the launch, stating, “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 it also enables our commitment to delivering a world-class customer experience while maintaining the highest levels of security and compliance.”
The new services will initially roll out next month in the UAE, allowing users in the region to access Crypto.com’s suite of products and services through the app. This includes the ability to trade over 250 cryptocurrencies. Following this initial launch, Crypto.com plans to expand the service to additional countries, aiming to offer a consistent and robust financial infrastructure for cryptocurrency transactions on a global scale.
Rola Abu Manneh, CEO of Standard Chartered for the UAE, Middle East, and Pakistan, highlighted the alignment of this collaboration with the UAE’s National Agenda. “This collaboration closely aligns with the UAE’s National Agenda, which emphasizes innovation, economic diversification, and the growth of a knowledge-based economy,” she noted. “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.”
Crypto.com’s move to establish a significant presence in Dubai underscores the city’s growing role as a central player in the global digital asset landscape. As the company continues to expand its services, it aims to reinforce its position as a leading platform for cryptocurrency transactions and financial services worldwide.
