Crypto.com Expands With New Retail Services in Partnership with Standard Chartered

Singapore-based crypto exchange Crypto.com has unveiled a new retail services business aimed at expanding access to U.S. dollars, euros, and United Arab Emirates dirham in partnership with Standard Chartered. This global retail service will be managed from Crypto.com’s regional hub in Dubai and will be available in 90 countries.

> "Not only is it a significant step forward in our global expansion plans, but also enables our commitment to delivering a world-class customer experience whilst maintaining the highest levels of security and compliance,” said Eric Anziani, President and COO of Crypto.com, in a statement published Thursday.

The service will support seamless fiat deposits and withdrawals via the Crypto.com App, rolling out next month initially for customers in the UAE, with plans for further expansion. Standard Chartered Bank is providing tailored banking and payment solutions.

Dubai has emerged as a hub for crypto activity since the emirate launched its Virtual Assets Regulatory Authority (VARA) in 2022. Crypto.com, founded in 2016, was among the first exchanges to gain regulatory approval to operate in the region, establishing a regional hub alongside an institutionally-focused unit.

“This collaboration closely aligns with the UAE’s National Agenda, which emphasizes innovation, economic diversification, and the growth of a knowledge-based economy,” said Rola Abu Manneh, Standard Chartered’s CEO for the UAE, Middle East, and Pakistan regions.