Crypto.com launches AED cash accounts for UAE users

Crypto.com has officially launched AED Cash Accounts for users across the United Arab Emirates, marking a significant milestone for cryptocurrency adoption in the Middle East. The UAE-regulated digital asset exchange announced this strategic expansion on X (formerly Twitter), enhancing accessibility for local traders and investors seeking seamless fiat-to-crypto transactions.

This development strengthens the UAE's position as a leading blockchain and cryptocurrency hub, following the country's progressive regulatory framework for digital assets. The AED Cash Accounts enable UAE residents to deposit, withdraw, and trade using the local currency, eliminating traditional barriers between traditional banking and decentralized finance (DeFi) ecosystems.

The launch comes amid growing institutional adoption of Bitcoin and cryptocurrencies across the Gulf region. Crypto.com's expansion aligns with the UAE's vision to become a global cryptocurrency center, potentially boosting trading volumes and market liquidity. This move could accelerate mainstream cryptocurrency adoption, providing UAE users with enhanced access to digital assets, trading pairs, and blockchain-based financial services while maintaining regulatory compliance within the Emirates' established framework.