Kraken Obtains License to Operate in Abu Dhabi: Report

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Kraken Obtains License to Operate in Abu Dhabi: Report
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The number of cryptocurrency exchanges with a license to operate in the Emirates continues to increase, with the latest edition being Kraken.

The veteran US exchange is the latest to receive a license to function as a virtual asset trading platform in Abu Dhabi. Thus, Kraken follows a similar example set by other industry giants such as Binance and FTX.

Moreover, it established regional headquarters in the city, with expectations asserting that it will start functioning in the next few months.

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