Crypto.com has introduced a global service that lets users in over 90 countries to more easily manage their cryptocurrency transactions.
The Global Retail Services initiative, accessible through the Crypto.com App, streamlines deposit and withdrawal capabilities, significantly improving the efficiency of users’ cryptocurrency transactions.
Global Retail Services will initially roll out in the United Arab Emirates, where customers can now use the app to buy, sell and trade over 250 cryptocurrencies. Crypto.com will gradually expand the service to other regions, providing the same level of accessibility and convenience to users worldwide.
A partnership with Standard Chartered powers the expansion, with the bank providing tailored banking and payment solutions to support Crypto.com’s global operations. These solutions include near-real-time processing of deposits and withdrawals in various currencies, including USD, EUR, and AED.
The launch is also supported by the regulatory framework established by Dubai’s Virtual Assets Regulatory Authority (VARA), ensuring a secure environment for the growth of digital assets. Crypto.com was one of the first platforms to receive full operational approval from VARA, solidifying its commitment to security and compliance.
‘Huge milestone’
“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 also enables our commitment to deliver a world-class customer experience whilst maintaining the highest levels of security and compliance” said Eric Anziani, president and COO of Crypto.com. “Being able to offer our global customers effortless fiat deposit and withdrawal capabilities is key to increasing adoption and reaching our vision of crypto in every wallet.”
“This collaboration closely aligns to with the UAE’s National Agenda which emphasises innovation, economic diversification, and the growth of a knowledge-based economy. 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.”
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