Standard Chartered Teams Up with CoinMENA to Enhance Regulated Crypto Banking in UAE

CoinMENA FZE,  a VARA-licensed broker-dealer providing virtual asset services in the MENA region, announced a strategic relationship with Standard Chartered,  strengthening fiat payment infrastructure for its growing customer base.

Under the agreement, CoinMENA FZE will utilise Standard Chartered’s banking capabilities to deliver seamless fiat on- and off-ramp flows. The solution combines safeguarded client money accounts, high-speed settlement rails, and virtual account-based transaction management supporting faster funding, efficient settlements, and increased transaction transparency.

“The UAE has established itself as one of the world’s 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. We look forward to supporting CoinMENA’s growth in the UAE.”

– Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered

“As digital assets mature globally, the institutions shaping finance must bridge innovation with trust at scale. This reflects a regional shift where regulated platforms are joining mainstream financial infrastructure rather than operating alongside it. We believe the industry’s 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 .”

– Dina Sam’an and Talal Tabbaa, Group Co-Founders, CoinMENA