Cryptocurrency exchange Kraken closes Abu Dhabi office
Emirati officials are still bullish about the future of cryptocurrency, but the crash in the market has hit the UAE hard.
![Kraken](/sites/default/files/styles/article_hero_medium/public/2023-02/GettyImages-1239844235.jpg?h=1d34674f&itok=JJ_sdmkQ)
A major cryptocurrency platform confirmed on Thursday that it's closing its office in Abu Dhabi.
Reuters first reported that Kraken shut its office in the Emirati capital. A spokesperson for the firm confirmed the news to Al-Monitor.