U.S.-based cryptocurrency exchange Kraken se extinde to the UAE, and open a regional office in Abu Dhabi.
Kraken will be the first cryptocurrency exchange in the UAE to be able to trade cryptocurrencies directly, after obtaining full licenses from ADGM, Abu Dhabi Global Market, and the UAE to operate regulated trading platforms, the company said.
According to Chainalysis, the Middle East is currently one of the fastest-growing regions for the cryptocurrency business, with an annual transaction volume of up to $25 billion.
In the next five years, 67% of residents in the United Arab Emirates (UAE) are interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.
Kraken’s managing director Curtis Ting said it would make sense to offer a dirham pair of virtual asset platforms to investors in the region and added that:
„Pentru noi, este foarte important să facilităm accesul la piețele globale și lichiditatea globală, asigurându-ne că investitorii și comercianții din regiune au acces la monedele locale.”
După ce și-au pus ochii pe a deveni o capitală blockchain, Emiratele Arabe Unite determină demersurile prin stabilirea unui cadru legal care să ajute funcționarea companiilor bazate pe crypto și blockchain.
Kraken provides crypto to fiat trading pairs. On December 24, Kraken a anunțat that it is developing a marketplace for NFTs where users can trade digital art and collectables and organize loans using the tokens as collateral.
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Source: https://blockchain.news/news/crypto-exchange-kraken-to-launch-in-uae