ALGORITHM WHICH IS

Last updated: June 19, 2025, 12:19  |  Written by: Linda Xie

Algorithm Which Is
Algorithm Which Is

With The New Operational License

Kraken gets a regulatory license to operate in the UAE

With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham trading pairs.

Dubai: One of UAE’s leading financial institutions, RAKBank has aligned with Kraken to allow residents trade in virtual assets through their local bank accounts and in dirhams.

Crypto Exchange Kraken Gets Regulatory Approval To Operate In

Kraken becomes first crypto exchange to get full financial license

RAKBANK, Kraken offer UAE's first dirham

Following This Licensing

It will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets directly in the local

Following this licensing, Kraken will be the first cryptocurrency exchange in the UAE to offer direct trading of dirhams against Bitcoin, Ether and other cryptocurrencies.

Kraken awarded crypto trading license in the United Arab Emirates

According To Cnbc

Revealed: UAE welcomes first global crypto exchange

Kraken is the latest to veer into UAE; first to offer

According to CNBC, Kraken is also the first of its kind to be able to offer direct trading and funding in Dirhams against cryptocurrencies. Curtis Ting, Kraken’s

UAE residents can soon trade in cryptos, virtual assets in dirhams

Linda Xie can be reached at [email protected].

Comments