Kraken, one of the leading cryptocurrency exchanges, has expanded its operations to the United Arab Emirates (UAE) after securing a license from the Dubai Financial Services Authority (DFSA).
This move allows Kraken to offer regulated crypto trading services in the region, providing both institutional and retail investors with access to a wide range of digital assets.
The UAE has become a key hub for crypto businesses, thanks to its favorable regulatory environment and growing interest in blockchain technology.
Kraken’s entry into the UAE market is part of its broader strategy to expand its global footprint and tap into new and emerging markets.