Exchanges· ★★★★· bullish·

Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch

  • —Full VARA approval follows a preliminary license granted in May 2026
  • —UAE clients get spot, margin, staking and xStocks tokenized equities
  • —Derivatives and new yield products are expected in late 2026 and 2027
  • —Payward holds more than 100 licenses and registrations worldwide
Why it matters: The approval deepens Kraken's Middle East footprint and expands its product suite, intensifying competition for institutional clients in the region.
Source: Cryptonews.net
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