Changer.ae and Crypto.com to support liquidity for crypto fiat conversion
Crypto.com,a UAE regulated crypto exchange with global reach, has signed an MOU with UAE regulated Changer.ae, a virtual asset service provider to explore initiatives including the integration of Crypto.com’s institutional solutions to simplify and support liquidity for Changer’s cryptocurrency-fiat conversion services as well as other regulated digital-asset custody and related use cases.
The implementation is subject to regulatory approvals.
By combining Crypto.com’s global infrastructure and compliance capabilities with Changer’s Financial Services Regulatory Authority (FSRA)-licensed and ADGM-authorised platform and local market expertise, the collaboration aims to support the responsible adoption of digital assets.
Eric Anziani, president and chief operating officer of Crypto.com, noted, “This partnership aligns with the UAE’s broader strategy to foster innovation in financial services while maintaining strong regulatory oversight.” He adds that as a global company it is important to have strong local partners to provide best in class service to their users.
Hao Wang, senior executive officer of Changer, also added that the UAE has established itself as a jurisdiction where innovation and regulation move in parallel. He believes that through this collaboration with Crypto.com, they will broaden secure and compliant access to digital assets for users and businesses, in line with the country’s vision for a resilient and future-ready digital economy.
Alain Yacine, president of Middle East and Latin America of Crypto.com, comments: “Expanding our reach in the UAE while supporting innovation in the digital assets industry is paramount to us. Changer has led the way in offering a regulated, secure and convenient wallet and custody solution for its users and we’re excited to see how our technology and services can not only enhance this offering but also look at other ways to boost the local crypto sector through our joint expertise.”
