Cryptocurrency News
Kraken awarded crypto trading license in the United Arab Emirates
2022.04.25 13:20
Kraken awarded crypto trading license in the United Arab Emirates
Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).
In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to local currencies instead using the traditionally available U.S. dollar or British pounds in global markets.