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Business · Updated 12 Oct, 07:51 pm IST

Kraken parent Payward wins full Dubai licence to operate in UAE

Image: Gadgets 360

Why it matters for readers: It explains that Kraken’s parent got permission to offer regulated crypto trading in Dubai, with more product details to come.

  • Payward received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority to offer regulated cryptocurrency services in the UAE.1
  • Planned offerings include spot and margin trading in UAE dirhams, institutional over‑the‑counter services, and access to Kraken Prime.1
  • The company has not announced a launch date or which cryptocurrencies will have dirham‑denominated trading pairs.1

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