Crypto.com Expands Global Services to Over 90 Countries with UAE Rollout

• Crypto.com’s new Global Retail Services program simplifies cryptocurrency transactions in over 90 countries, with the initial rollout in the UAE.
•  A partnership with Standard Chartered enhances Crypto.com’s transaction capabilities, offering near-real-time processing for deposits and withdrawals.
•  Dubai’s Virtual Assets Regulatory Authority (VARA) supports Crypto.com’s expansion, ensuring a secure and compliant environment for its services.

Crypto.com has officially launched its Global Retail Services program, which aims to simplify cryptocurrency transactions across more than 90 countries. This significant move is part of the company’s broader strategy to enhance its global presence. The program is designed to improve deposit and withdrawal capabilities, streamlining the user experience for cryptocurrency management.

Initial Rollout in the UAE

The new services will initially be available in the United Arab Emirates, where residents can now access the Crypto.com App to buy, sell, and trade over 250 cryptocurrencies. This launch represents a crucial step in increasing regional accessibility to cryptocurrencies. Following the UAE launch, the services will gradually expand to other countries, providing users worldwide with consistent and convenient access to digital currencies.

Partnership with Standard Chartered Enhances Services

A key element of Crypto.com’s expansion is its partnership with Standard Chartered. This collaboration strengthens Crypto.com’s global transaction capabilities by providing enhanced banking and payment solutions. The partnership allows for near-real-time deposit and withdrawal processing in multiple currencies, including USD, EUR, and AED. The collaboration is expected to significantly improve the efficiency and reliability of Crypto.com’s services, benefiting consumers worldwide.

Dubai’s Regulatory Support Ensures Compliance

Crypto.com’s expansion into the UAE is bolstered by the regulatory framework established by Dubai’s Virtual Assets Regulatory Authority (VARA). As one of the first platforms to receive full operational approval from VARA, Crypto.com ensures that its services operate in a secure and compliant environment. The regulatory support from VARA is crucial in enabling Crypto.com to extend its offerings while maintaining the highest standards of security and compliance.

This launch marks a major milestone in Crypto.com’s global expansion strategy. With the

support of Standard Chartered and VARA’s approval, the company is well-positioned to provide more efficient and secure cryptocurrency transactions to users around the world.