CoinMENA formalized a banking agreement with Standard Chartered to strengthen the fiat payment infrastructure for its users in the United Arab Emirates.
The agreement includes fiat on/off-ramp support, client money accounts and transaction management based on virtual accounts. CoinMENA highlighted that the arrangement will improve transparency and liquidity with its international counterparties.
🤝 Major milestone for MENA digital assets!
CoinMENA (@CoinMENA) has signed a banking agreement with Standard Chartered (@StanChart) to enhance fiat on/off-ramps with faster funding, efficient payouts, and real-time payment rails. 🌐#CoinMENA #StandardChartered #MENA #FinTech pic.twitter.com/rGRP8gEZT9
— CoinMENA | كوين مينا (@CoinMENA) June 17, 2026
Rola Abu Manneh, CEO of Standard Chartered for the UAE, Middle East and Pakistan, noted that the Emirates have consolidated their position as a benchmark regulatory hub for the digital asset market, creating the conditions for collaboration between financial institutions and regulated companies.
For their part, CoinMENA co-founders Dina Sam’an and Talal Tabbaa stated in a joint release that the industry’s future depends on solid banking, regulatory and operational foundations, and not on technology alone.
The agreement reflects the growing effort by crypto exchanges in the UAE to access regulated banking infrastructure. The market is attracting increasing institutional participation and partnerships with traditional banks have become a strategic priority to guarantee reliable payment and settlement services.
Source: https://x.com/CoinMENA/status/2067178212325482858
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