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EmCoin Teams Up with Crypto.com to Expand Crypto Access in the UAE

EmCoin Teams Up with Crypto.com to Expand Crypto Access in the UAE

Quick Breakdown 

  • EmCoin and Crypto.com’s collaboration enhances crypto trading and liquidity access for UAE users.
  • Partnership explores tokenization of EmCoin’s real-world assets using blockchain technology.
  • Initiative reinforces regulated, secure, and transparent digital asset adoption in the UAE.

 

Emirates Coin Investment LLC (EmCoin), the UAE’s first SCA-licensed virtual asset platform, has signed a Memorandum of Understanding with Crypto.com to improve access to digital assets. 

Enhanced trading for UAE crypto users

The collaboration will give EmCoin users smoother trade execution, wider cryptocurrency options, and tighter spreads, leveraging Crypto.com’s global liquidity and infrastructure.

The initiative aims to simplify interactions with digital assets for EmCoin clients while ensuring full compliance with UAE regulations. Users will benefit from improved trading efficiency and enhanced security measures, allowing both retail and institutional investors to manage and move their crypto holdings confidently. Yasin Arafat, COO of EmCoin, said the partnership “brings together our expertise and multi-asset insight to support large trade volumes while maintaining user protection.”

Exploring real-world asset tokenization

The two companies will also explore tokenizing EmCoin’s real-world assets (RWAs) using Crypto.com technologies and strategic partners like the Cronos EVM chain. This effort reflects the growing trend of regulated digital finance in the UAE, providing users with secure access to innovative blockchain-based investment opportunities.

Crypto.com executives emphasized the collaboration’s role in advancing digital asset adoption responsibly. Eric Anziani, President and COO of Crypto.com, noted that making digital assets easier to interact with in a regulated environment is central to the company’s mission. Alain Yacine, President for Middle East and Latin America, added that combining expertise will help introduce new capabilities that make crypto engagement simpler for UAE users.

The partnership highlights the UAE’s emergence as a hub for regulated crypto innovation. By integrating EmCoin’s multi-asset platform with Crypto.com’s global network, the collaboration aims to foster adoption of digital assets while prioritizing transparency, trust, and compliance in the rapidly evolving cryptocurrency sector.

Meanwhile, Crypto.com provided an update on the operations and regulatory framework of its Visa Card in the United Kingdom. The card, issued by ForisGFS UK Limited, is an electronic money product authorised by the UK Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 (Firm Reference Number 988571).

 

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