Kraken Is Expanding Deeper Into The UAE Crypto Market

[madtrader]

Crypto exchange Kraken has moved one step closer to officially launching in Dubai after receiving preliminary approval from the UAE’s Virtual Assets Regulatory Authority. The company plans to offer a full range of services in the region, including UAE dirham funding, margin trading, over the counter trading, and institutional products through Kraken Prime.

The expansion highlights how aggressively the UAE continues positioning itself as one of the world’s leading crypto hubs. Dubai now hosts dozens of licensed crypto companies, including Binance, OKX, Crypto.com, and Deribit. For many firms, the attraction is simple: clear regulations. While several countries still struggle to define crypto rules, the UAE has become known for creating one of the most structured regulatory environments in the industry, attracting both liquidity and institutional capital from around the world.

[johnblockbuster]

south korea trying to tax crypto harder

[johnblockbuster]

while dubai is outside rolling out the red carpet for exchanges

[chainsniff]

south korea said pay 22 percent while the uae said habibi bring the liquidity