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The agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE.<\/p>\nThe agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE.<\/p>\n
Dubai \u2014 CoinMENA FZE, a VARA-licensed broker-dealer providing virtual asset services in the MENA region, today announced a strategic relationship with Standard Chartered, marking a significant step in strengthening the fiat payment infrastructure that supports its growing customer base.\u00a0<\/p>\n
The partnership supports customer money account services and fiat payment infrastructure, reflecting the growing integration of regulated digital asset firms with established financial institutions as the UAE\u2019s digital asset ecosystem continues to evolve.<\/p>\n
Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered,\u00a0said: \u201cThe UAE has established itself as one of the world\u2019s leading regulatory environments for digital assets, creating opportunities for regulated firms and established financial institutions to work together. As the sector continues to mature, trusted banking infrastructure will remain essential to supporting its long-term development.<\/p>\n
\u201cWe look forward to supporting CoinMENA\u2019s growth in the UAE.\u201d\u00a0<\/p>\n
This agreement represents an important step in strengthening\u00a0digital asset banking integration in the MENA region. As the industry evolves, CoinMENA FZE will continue expanding its secure features and services to better support its growing regional customer base.<\/p>\n
Under the agreement, CoinMENA FZE will utilise Standard Chartered\u2019s banking capabilities to deliver seamless fiat on- and off-ramp flows for customers. The solution combines safeguarded client money accounts, high-speed settlement rails, and virtual account-based transaction management to support faster funding, more efficient settlements, and increased transaction transparency.\u00a0\u00a0<\/p>\n
The integration is designed to further strengthen CoinMENA FZE\u2019s operational scalability, support liquidity settlement with approved global counterparties, and enhance the overall efficiency of fiat connectivity across its regulated ecosystem.<\/p>\n
CoinMENA Group Co-Founders Dina Sam\u2019an and Talal Tabbaa said in a joint statement: \u201cAs digital assets mature globally, the institutions shaping finance must bridge innovation with trust at scale.\u201d<\/p>\n
\u201cThis reflects a regional shift where regulated platforms are joining mainstream financial infrastructure rather than operating alongside it. We believe the industry\u2019s future depends on strong banking, regulatory, and operational foundations, not just technology. Partnering with Standard Chartered reinforces that vision and supports our continued investment in institutional-grade infrastructure for customers in MENA .\u201d\u00a0<\/p>\n
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