Agreement reflects growing collaboration between regulated digital asset firms and established financial institutions in the UAE
Dubai, UAE, June 2026: 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.
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’s digital asset ecosystem continues to evolve.
Under the agreement, CoinMENA FZE will utilise Standard Chartered’s 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.
The integration is designed to further strengthen CoinMENA FZE’s operational scalability, support liquidity settlement with approved global counterparties, and enhance the overall efficiency of fiat connectivity across its regulated ecosystem.
Rola Abu Manneh, Chief Executive Officer, UAE, Middle East and Pakistan, Standard Chartered, said: “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: “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 .”
This agreement represents an important step in strengthening digital 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.
About CoinMENA:
CoinMENA Group, a leading player in the MENA region, aims to empower both new and seasoned investors by providing accessible crypto asset investment options and enabling them to participate in the emerging digital economy. Operating in the United Arab Emirates, CoinMENA FZE is licensed as a broker-dealer virtual asset service provider (VASP) by Dubai’s Virtual Assets Regulatory Authority (VARA). Meanwhile, in the Kingdom of Bahrain, CoinMENA B.S.C. (c) is licensed by the Central Bank of Bahrain (CBB) as a crypto asset service provider (category-3). With competitive fees, high liquidity, and an educational approach, CoinMENA aims to be the simplest and most trusted platform for digital assets in the region.
About Standard Chartered:
We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.
Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.
