Kraken parent wins final approval to offer dirham trading, institutional crypto services in the UAE
Photo: Crypto Briefing
Dubai's virtual asset regulator has granted Payward FZCO full market approval, clearing Kraken to serve UAE clients in the coming weeks Kraken has its permission slip for the UAE. Payward, the exchange’s parent company, has received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) for its subsidiary Payward FZCO. The approval came on October 12, 2026. It clears Kraken to begin serving clients in the United Arab Emirates in the upcoming weeks, with trading, staking and transfers on the menu. The approval classifies Payward as a Virtual Asset Service Provider, or VASP.
Source: Crypto Briefing
