{"id":295081,"date":"2023-02-02T18:12:33","date_gmt":"2023-02-02T18:12:33","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=295081"},"modified":"2023-02-02T18:12:33","modified_gmt":"2023-02-02T18:12:33","slug":"kraken-closes-abu-dhabis-office-sacks-8-staff","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/kraken-closes-abu-dhabis-office-sacks-8-staff\/","title":{"rendered":"Kraken closes Abu Dhabi’s office, sacks 8 staff"},"content":{"rendered":"

Crypto exchange Kraken has closed its Abu Dhabi office and is ending support for United Arab Emirates' national currency Dirham, Bloomberg News reported Feb. 2.<\/p>\n

The crypto firm discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.<\/p>\n

The Abu Dhabi Global Market's registry showed that Kraken was no longer active in the country. The exchange was among the numerous firms licensed to operate<\/a> in Abu Dhabi last year.<\/p>\n

Bloomberg reported<\/a> that Kraken users in the region would still be able to use the platform. However, their deposits in Dirham would be automatically converted to the US Dollar. It added clients in the region could use other currencies supported by the platform.<\/p>\n

Kraken has not responded to CryptoSlate's<\/em>\u00a0request for comment as of press time.<\/p>\n

Earlier in the year, Kraken and Coinbase shut down<\/a> operations in Japan, citing<\/a> market conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto exchange Kraken has closed its Abu Dhabi office and is ending support for United Arab Emirates’ national currency Dirham, Bloomberg News reported Feb. 2. The crypto firm discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region. The Abu Dhabi Global Market’s registry showed […]<\/p>\n","protected":false},"author":720,"featured_media":295125,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[76714,75201],"post_folder":[],"acf":[],"yoast_head":"\nKraken closes Abu Dhabi's office, sacks 8 staff<\/title>\n<meta name=\"description\" content=\"Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/kraken-closes-abu-dhabis-office-sacks-8-staff\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kraken closes Abu Dhabi's office, sacks 8 staff\" \/>\n<meta property=\"og:description\" content=\"Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/kraken-closes-abu-dhabis-office-sacks-8-staff\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2023-02-02T18:12:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2023\/02\/kraken-abu-dhabi.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/kraken-closes-abu-dhabis-office-sacks-8-staff\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/kraken-closes-abu-dhabis-office-sacks-8-staff\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/12\/profile-photo-oluwapelumi-adejumo-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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