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The new service will allow customers in over 90 countries to seamlessly conduct crypto transactions through the Crypto.com app. However, the service will initially be rolled out only in the UAE. The partnership comes in light of Dubai’s regulatory framework, which the Virtual Assets Regulatory Authority (VARA) handles to ensure safety and compliance. Eric Anziani, the COO of Crypto.com, described the partnership as a significant step in the platform’s global expansion plans.
“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.”
Anziani also called the partnership significant in fostering global crypto adoption.
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