PANews reported on August 29 that according to the official website, the crypto exchange Crypto.com announced today the launch of global retail services, which will provide deposit and withdrawal facilities for millions of Crypto.com App retail users from more than 90 countries. Crypto.com's global retail services will be launched to global users through the company's regional center in Dubai. This expansion is supported by the regulatory framework established by Standard Chartered Bank and the Dubai Virtual Asset Regulatory Authority (VARA).
The service will begin rolling out next month to customers in the UAE, who will be able to access Crypto.com’s retail products and services through the Crypto.com App, including the ability to buy, sell and trade over 250 cryptocurrencies. Crypto.com will then gradually expand the service to retail customers around the world, providing them with the same products and services, as well as deposit and withdrawal financial channels.
Currently, Standard Chartered is providing Crypto.com with banking and payment solutions for its client funding accounts, enabling deposits and withdrawals of USD, EUR and AED on the Crypto.com App to be processed in near real time.
