Kraken Gets Final Dubai Crypto License, Plans UAE Launch Within Weeks
Photo: Finance Magnates
Kraken's parent Payward received Full Market Approval from Dubai's Virtual Assets Regulatory Authority (VARA) today (Monday). Kraken plans to start serving clients in the United Arab Emirates (UAE) in the coming weeks, the company said. The approval is the last stage of VARA's licensing process. It follows the preliminary authorization Payward FZCO received in May for a broker-dealer, investment and management license , which allowed the unit to build its local operations but not to onboard clients. London's trading industry is coming home!
Source: Finance Magnates
