Crypto exchange Kraken is set to become the first platform to offer direct trading in UAE dirhams against Bitcoin, Ether and other digital assets

U.S.-based crypto exchange Kraken will soon be pushing ahead with its expansion plans in the Middle East. The company will be setting up its regional headquarters in Abu Dhabi, United Arab Emirates after securing the necessary regulatory approval to operate a regulated trading platform in the country. Kraken received a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM), allowing the crypto exchange to operate a regulated trading platform in the UAE, according to Coindesk. The U.S.-based crypto exchange added that it is the first company to receive a full...


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