Kraken Parent Receives VARA Approval for UAE Expansion

Kraken Parent Receives VARA Approval for UAE Expansion

Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.

Kraken plans UAE launch after full approval

Cryptocurrency exchange Kraken plans to launch services for United Arab Emirates clients in the coming weeks after its parent company, Payward, secured Full Market Approval from Dubai's Virtual Assets...

Kraken Secures Full UAE Regulatory Approval, Plans Launch Within Weeks

Crypto exchange Kraken is preparing to launch regulated services in the United Arab Emirates within weeks after its parent company, Payward, secured Full Market Approval from Dubai’s Virtual Assets Regulatory Authority. The authorization allows Payward FZCO to operate as a licensed Virtual Asset Service Provider (VASP), serving retail, professional and institutional investors. Kraken plans to introduce spot and margin trading, direct UAE dirham …

Kraken Targets UAE Launch After Payward’s Final VARA Approval

Kraken is preparing to launch in the UAE after its parent company, Payward, received Full Market Approval from Dubai’s Virtual Asset Regulatory Authority (VARA). The exchange plans to begin serving UAE clients in the coming weeks. This approval is the final stage of VARA’s licensing process. It permits Payward to operate as a regulated Virtual [...]

Kraken’s Parent Clears Last Dubai Step to Launch Dirham Trading

Kraken’s parent company, Payward, has secured regulatory approval in Dubai to bring fully licensed crypto services to the United Arab Emirates. The Virtual Assets Regulatory Authority (VARA) authorized Payward FZCO to provide crypto services under its local licensing framework, clearing the way for a broader UAE rollout than previously available. Payward said that at launch, Kraken clients in the UAE will be able to trade spot and margin product…