Crypto exchange Kraken opens a regional office in Abu Dhabi
Kraken, a cryptocurrency exchange based in the United States, is expanding into the Middle East and will establish its regional headquarters in Abu Dhabi after obtaining a full license to operate a regulated trading platform in the UAE.
Kraken is granted a license to operate in Abu Dhabi
After receiving regulatory approval from the ADGM and the Financial Services Regulatory Authority for its local launch, the firm is expected to begin operations in the second or third quarter and will be the first crypto exchange to offer direct funding and trading in UAE dirhams against Bitcoin, Ether, and other cryptocurrencies.The UAE launch, according to Kraken, is part of a larger foray into a hugely successful region. The UAE has stepped up its efforts to attract the world's largest cryptocurrency exchange firms. Abu Dhabi's ADGM adopted a virtual asset regulatory framework in 2018, and Dubai passed a virtual asset law last month.
Many crypto exchanges are moving to the UEA
Binance and FTX both received a virtual asset service provider license in Dubai last month and announced plans to open regional offices there. Simultaneously, Crypto.com announced the establishment of a regional headquarters in Dubai, and Bybit announced the relocation of its global headquarters to the city after abandoning Singapore entirely.The UEA is appealing to both crypto firms and crypto founders and investors. Nischal Shetty and Siddharth Menon, co-founders of Indian cryptocurrency exchange WazirX, recently relocated to Dubai, while the crypto exchange's office remained in India. This is a clear indication that the country's climate can also be appealing to individuals.
Get winning crypto tips in 5 minutes a day
Login or upgrade to Cryptonary Pro
Pro
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
$799
For your security, all orders are processed on a secured server.
What’s included?
24/7 Access to Cryptonary's Research team who have over 50 years of combined experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily Market Updates that cover the real data that shape the market (Macro, Mechanics, On-chain)
Curated list of the most lucrative upcoming Airdrops (Free Money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
