Exchanges· ★★★★· bullish·

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