
Kraken Secures Full Dubai Crypto License, Plans UAE Launch Within Weeks
- —Payward received Full Market Approval from VARA, the final licensing stage
- —The license covers retail, professional and institutional investors
- —UAE clients will get spot and margin trading in dirhams, staking and xStocks
- —Payward says it holds more than 100 licenses and registrations worldwide
Why it matters: Kraken enters the UAE market where Binance, Crypto.com and Bybit already operate, intensifying competition for retail and institutional clients in the region.
Source: Finance Magnates Crypto