Crypto
CoinMENA partners with Standard Chartered to boost UAE fiat deposits and withdrawals
CoinMENA is partnering with Standard Chartered to strengthen fiat payment infrastructure for customers in the United Arab Emirates, Cointelegraph reported. Under the agreement, CoinMENA will receive support from the bank for fiat deposits and withdrawals, client funds accounts and transaction management infrastructure based on virtual accounts. CoinMENA said the structure would improve liquidity settlement with approved global counterparties and enhance transaction transparency.