Kraken Receives UAE License to Operate as a Regulated Crypto Exchange

Kraken Receives UAE License to Operate as a Regulated Crypto Exchange

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Crypto exchange Kraken has received a Financial Services Permission (FSP) license from the Abu Dhabi Global Market (ADGM) to operate a regulated exchange platform in the United Arab Emirates (UAE).

The ADGM is a free zone for financial companies to set up shop in the UAE capital and provide services to users within the region. Kraken would service the needs of the Middle East and North Africa (MENA) region, as per a release shared with CoinDesk.

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