Kraken shuts down Abu Dhabi office less than a year after launch
Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region will still have access to the platform.
Latest MENA News
UAE attracts blockchain firms in Asia, Europe with financing and residency
The kingdom of United Arab Emirates has set up an ambitious goal to become a global blockchain hub, searching for talents in Asia and Europe as competition with Gulf neighbors in the industry heats up.
Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis
The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
Morocco is scrapping its ban on digital currency as adoption soars
Morocco banned digital assets back in 2017, but the locals have continued to explore Bitcoin, and today, only Nigeria, South Africa, and Kenya have more owners.