Kraken Parent Payward Secures Dubai VARA License for UAE Launch
Photo: The Coin Republic
Key Insights: Kraken parent Payward secures a UAE crypto license under Dubai’s crypto regulation. UAE clients will access dirham trading, staking, xStocks, and institutional services. Wells Fargo and Payward continue liquidity discussions without announcing a final agreement. Kraken parent Payward has secured full market approval from Dubai’s Virtual Asset Regulatory Authority ahead of its planned UAE launch. The authorization allows the financial infrastructure platform to serve retail, professional, and institutional investors as a regulated service provider. Its announcement outlined dirham trading, local funding options, and products for individual customers and institutions entering through the UAE operation.
Also reported by TheCoinrise, Live Bitcoin News.
Source: The Coin Republic
