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DOMAINS TOKEN-G

Ronald Maguire

24 April 2022 149 Read Crypto

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Kraken Acquires Digital Asset Exchange License in Abu Dhabi

Kraken, one of the world's largest cryptocurrency exchanges, has been approved to operate in Abu Dhabi. Aiming to facilitate the use of crypto in the UAE, Kraken has become the first company to obtain a license to operate a regulated digital asset exchange from the Abu Dhabi Global Market financial centre. Abu Dhabi passed many crypto-friendly laws in 2018.

There will Be a Launch Soon

The launch of the exchange will be soon, and investors will now be able to trade cryptocurrencies directly with the UAE Dirham. Kraken plans to continue expanding in the Middle East and North Africa region in the months and years ahead.

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