Tag: abu dhabi

May 07 2022

Crypto Boom In The Gulf: Dubai, Abu Dhabi Fast Becoming Hotbed Of Digital Currency

May 07 2022 Published at Bitcoinist.com under tags  abu dhabi bitcoin crypto crypto news dubai

In response to the global cryptocurrency boom, the United Arab Emirates has become a hub for the industry as a result of its crypto-friendly legislation, which have made it a favorite destination for digital currency aficionados. Dubai and Abu Dhabi are vying for cryptocurrency supremacy. Large exchanges, like FTX, which was last valued at $32 billion, are making their presence known in Dubai....

Apr 25 2022

Kraken secures regulatory approval to set up shop in Abu Dhabi

Apr 25 2022 Published at CryptoSlate under tags  abu dhabi adoption kraken

Another leading crypto exchange, Kraken, will begin operations in the United Arab Emirates, having secured a license to set up regional trading headquarters in Abu Dhabi, Bloomberg News...

Abu Dhabi Grants Kraken License To Operate Crypto Exchange

The Middle East has risen to prominence as a favored location for cryptocurrency exchanges, with Kraken becoming the latest to be granted a license by the Abu Dhabi Global Market (ADGM). Kraken is the first worldwide virtual asset exchange group to get a complete financial license from the ADGM in the United Arab Emirates, the company claimed. Kraken MENA's (Middle East and North...

Kraken Gains Abu Dhabi License to Launch Crypto Services Locally

The Middle East has become one of the most preferred destinations for cryptocurrency exchanges, as Kraken is the latest to receive a license from the Abu Dhabi Global Market (ADGM).

Just-In: Crypto Exchange Kraken Gains Abu Dhabi License

Kraken, one of the largest crypto exchanges in the world, gained approval to operate in Abu Dhabi on Monday. The exchange joins a widespread push into the Middle East, amid growing crypto adoption in the region. The move was revealed in an announcement by Abu Dhabi's market registration authority. The exchange is the first to...

Apr 23 2022

Why Dubai Could Be the World’s Crypto Hub

Since its inception, the blockchain and cryptocurrency space has faced a lot of criticism from regulators worldwide. The Emirate of Dubai is, however, showing signs of becoming a true crypto haven. In recent times, we have seen an influx of crypto firms into the emirate city of Dubai. Most of these crypto firms have moved their major operations into both Dubai and its...

Apr 10 2022

Binance Obtained an In-Principal Approval to Operate as a Broker in Abu Dhabi

Binance obtained an in-principal approval to operate as a broker in digital assets in Abu Dhabi. The approval was received from Abu Dhabi Global Market (ADGM).

Binance Gets Approval to Operate as a Crypto Broker-Dealer in Abu Dhabi

Summary: Binance has received in-principle approval to operate in Abu Dhabi as a broker-dealer in digital assets However, Binance needs to complete the application process A full license means Binance will provide virtual asset services to customers across the Middle East and Northern Africa (MENA) UAE has proven to attract many crypto exchanges and projects such as FTX and Binance The world's largest...

Feb 22 2022

Crypto-Focused SEBA Bank Gains Abu Dhabi License

Zug-headquartered SEBA Bank, which operates a digital asset banking platform, has gained approval from the Abu Dhabi Global Market's (ADGM) Financial Services Regulatory Authority for conducting op...

Jul 28 2021

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