{"id":32286,"date":"2026-06-18T07:24:27","date_gmt":"2026-06-18T07:24:27","guid":{"rendered":"https:\/\/bitunikey.com\/news\/coinmena-taps-standard-chartered-for-uae-payment-rails\/"},"modified":"2026-06-18T07:24:39","modified_gmt":"2026-06-18T07:24:39","slug":"coinmena-taps-standard-chartered-for-uae-payment-rails","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/coinmena-taps-standard-chartered-for-uae-payment-rails\/","title":{"rendered":"CoinMENA taps Standard Chartered for UAE payment rails"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">CoinMENA has signed a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for users in the United Arab Emirates.\u00a0<\/p>\n<div id=\"cn-block-summary-block_9a134906c0a710676cdd687d67d261d0\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>CoinMENA will use Standard Chartered for UAE fiat on-ramps, off-ramps and client money accounts.<\/li>\n<li>Revolut has received UAE payment licenses as it prepares multi-currency accounts and transfers locally soon.<\/li>\n<li>The deals show regulated payment rails becoming key infrastructure for UAE digital asset growth.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/aetoswire.com\/en\/news\/1706202655738\" target=\"_blank\" rel=\"nofollow\">CoinMENA release<\/a> said the exchange will use Standard Chartered\u2019s banking capabilities for fiat on-ramps, off-ramps, safeguarded client money accounts and virtual account-based transaction management.<\/p>\n<p>The deal gives CoinMENA more structured banking support as regulated crypto firms seek smoother access to local currency flows. The company said the setup is designed to support faster funding, more efficient settlement and better transaction transparency for customers and approved counterparties.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83e\udd1d Major milestone for MENA digital assets!<\/p>\n<p>CoinMENA (<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CoinMENA?ref_src=twsrc%5Etfw\">@CoinMENA<\/a>) has signed a banking agreement with Standard Chartered (<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/StanChart?ref_src=twsrc%5Etfw\">@StanChart<\/a>) to enhance fiat on\/off-ramps with faster funding, efficient payouts, and real-time payment rails. \ud83c\udf10<a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/CoinMENA?src=hash&amp;ref_src=twsrc%5Etfw\">#CoinMENA<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/StandardChartered?src=hash&amp;ref_src=twsrc%5Etfw\">#StandardChartered<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/MENA?src=hash&amp;ref_src=twsrc%5Etfw\">#MENA<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/hashtag\/FinTech?src=hash&amp;ref_src=twsrc%5Etfw\">#FinTech<\/a> <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/rGRP8gEZT9\">pic.twitter.com\/rGRP8gEZT9<\/a><\/p>\n<p>\u2014 CoinMENA | \u0643\u0648\u064a\u0646 \u0645\u064a\u0646\u0627 (@CoinMENA) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CoinMENA\/status\/2067178212325482858?ref_src=twsrc%5Etfw\">June 17, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\"><strong>Standard Chartered backs regulated crypto firms<\/strong><\/h2>\n<p>Standard Chartered UAE, Middle East and Pakistan CEO Rola Abu Manneh said the UAE has become \u201cone of the world\u2019s leading regulatory environments for digital assets.\u201d She added that trusted banking infrastructure will remain essential as the sector matures.<\/p>\n<p>CoinMENA co-founders Dina Sam\u2019an and Talal Tabbaa said the industry\u2019s future depends on \u201cstrong banking, regulatory, and operational foundations, not just technology.\u201d Their statement points to a wider shift in the UAE, where crypto firms are moving closer to mainstream financial infrastructure instead of relying only on crypto-native rails.<\/p>\n<p>In addition, Revolut has also moved closer to launching in the UAE. In a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.revolut.com\/news\/revolut_obtains_approval_for_stored_value_facilities_and_retail_payment_services_licences_from_the_central_bank_of_the_uae\/\" target=\"_blank\" rel=\"nofollow\">Revolut announcement<\/a>, the company said it received Stored Value Facilities and Retail Payment Services licenses from the Central Bank of the UAE.<\/p>\n<p>The licenses follow in-principle approval granted in September 2025. Revolut said it is now building its local product offering before a full-scale launch. Once live, UAE customers are expected to access multi-currency accounts, physical and virtual cards, local payments and international transfers through one app.<\/p>\n<h2 class=\"wp-block-heading\"><strong>UAE crypto infrastructure keeps expanding<\/strong><\/h2>\n<p>As previously reported by crypto.news, Kraken\u2019s UAE approval moved the exchange closer to offering AED funding, margin trading, OTC services and Kraken Prime access in Dubai. That report showed how global exchanges are using local licensing and banking access to serve retail and institutional clients.<\/p>\n<p>According to an earlier crypto.news report, AE Coin and USDU launched a regulated stablecoin conversion rail in the UAE for institutional settlement, treasury operations and cross-border payments. crypto.news previously reported that USDU\u2019s launch gave the UAE a central bank-approved stablecoin framework for digital asset settlement.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Banking access becomes a key test<\/strong><\/h2>\n<p>The CoinMENA and Revolut moves show how payment infrastructure has become central to the UAE\u2019s digital finance market. Crypto exchanges need fiat rails to help users move funds in and out. Fintech apps need central bank licenses to offer payment and stored value services at scale.<\/p>\n<p>The UAE has built separate pathways for virtual assets, payment tokens, retail payments and stored value services. That structure gives firms room to launch, but it also places a larger focus on compliance, settlement, client money protection and regulated banking partners.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CoinMENA has signed a banking agreement with Standard Chartered to strengthen fiat payment infrastructure for users in the United Arab Emirates.\u00a0 Summary CoinMENA will use Standard Chartered for UAE fiat&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32287,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32286","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32286","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=32286"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32286\/revisions"}],"predecessor-version":[{"id":32288,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32286\/revisions\/32288"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/32287"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=32286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=32286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=32286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}