Kraken Receives Abu Dhabi Approval to Offer Complete Services in MENA

The Abu Dhabi Global Market (ADGM) announced that it had granted the global cryptocurrency exchange a full licence, allowing it to serve consumers throughout the Middle East and North Africa. Kraken gets Abu Dhabi nod to offer full services in MENA#BTC #CRYPTONEWS #NFThttps://t.co/vJBSoQ6va6 — thinkmoon.io 🇺🇦🇺🇦| Latest crypto trends & news (@thinkmoonio) April 27, 2022 Kraken has been granted a licence by the ADGM’s Financial Services Regulatory Authority (FSRA) to provide virtual asset trading and custodial services in the local currency, the agency announced on Monday. Kraken will be able to support consumers across the Middle East and North Africa region from its hub in Abu Dhabi, the capital of the United Arab Emirates (MENA). In MENA, the ADGM is the most potent regulator of digital assets. Binance, the world’s largest crypto exchange, received in-principle clearance from the ADGM earlier this month. The UAE has taken a proactive approach to cryptocurrency regulation in recent months, luring international digital asset service providers.The post Kraken Receives Abu Dhabi Approval to Offer Complete Services in MENA first appeared on Cryptoknowmics-Crypto News and Media Platform.The post Kraken Receives Abu Dhabi Approval to Offer Complete Services in MENA appeared first on Cryptoknowmics-Crypto News and Media Platform.