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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Abu Dhabi Licenses Kraken to Operate Crypto Exchange

Kraken ADGM Abu Dhabi UAE United Arab Emirates
A general view shows Abu Dhabi's skyline in the Emirati capital, Jan. 24, 2022. (AFP)

Abu Dhabi Global Market (ADGM) said on Monday it has licensed the Kraken group to operate a regulated virtual asset exchange platform in the financial free zone.

Kraken is the first global virtual assets exchange group in the United Arab Emirates to receive a full financial license from the ADGM, it said.

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