CoinMENA FZE, a broker-dealer licensed by Virtual Assets Regulatory Authority (VARA) in Dubai providing virtual asset services across the MENA region, has launched a strategic banking relationship with Standard Chartered aimed at strengthening fiat payment infrastructure for its expanding customer base in the UAE.
As per the agreement, CoinMENA FZE will leverage Standard Chartered’s banking capabilities to provide seamless fiat on- and off-ramp services.
The solution integrates safeguarded client money accounts, high-speed settlement rails, and virtual account-based transaction management, enabling faster funding, more efficient settlements, and enhanced transaction transparency.
The partnership reflects growing collaboration between regulated digital asset platforms and established financial institutions as the UAE continues to develop its position as a leading global hub for digital assets and financial innovation.
Rola Abu Manneh CEO – Standard Chartered UAE
“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.”
CoinMENA Group Co-Founders Dina Sam’an and Talal Tabbaa said in a joint statement that, “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.”
The Co-Founders added that partnering with Standard Chartered reinforces that vision and supports our continued investment in institutional-grade infrastructure for customers in MENA.
