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).
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Finance MagnatesRelated market context
Further Asset Management Taps Chainlink ACE for Abu Dhabi Compliance Platform
TL;DR: The company described jurisdiction-specific rules that can be encoded into workflows so institutions can assess requirement...
Chainalysis Finds $443B MENA Crypto Economy as UAE Growth Outpaces Region
TL;DR: The United Arab Emirates was reported to have grown 32% to about $104.8 billion, while Türkiye remained larger at around $1...
Chainlink Launches CustodySync With Anchorage to Link Custody and DeFi Loans
TL;DR: Chainlink describes a workflow spanning collateral deposit, borrowing, repayment and liquidation. Keeping assets in custody...
Jupiter Lend’s $414 Million USDC Vault Still Has Almost Nothing Free to Withdraw
Depositors in Jupiter Lend‘s USDC vault could withdraw only a sliver of their money on Friday afternoon, more than nine hours afte...
Bitcoin’s Rebound Drove Most of Tether’s $3.8 Billion Reserve Recovery
Tether held $7.95 billion more in reserves than it owed USDT holders on Sept. 30, up about $3.85 billion from the end of June, the...
KuCoin Exits Russia and Belarus, Cutting Off Crypto Services in Major Compliance Move
Key Takeaways: KuCoin has closed down trading activity in Russia and Belarus. Affected customers are able to close post positions...