Kraken Secures Final Dubai License, Readies UAE Launch Within Weeks
Photo: TheCoinrise
Parent company Payward clears Dubai's last regulatory hurdle for a full virtual asset license. Kraken's parent company, Payward, has obtained final approval from Dubai's Virtual Assets Regulatory Authority, according to reporting from Finance Magnates Crypto and CryptoBriefing. The authority, known as VARA, oversees crypto licensing across the Dubai mainland and several free zones. Final approval typically marks the last step before a firm can begin offering regulated services to local customers. Both outlets reported that Kraken intends to launch its UAE operations within weeks of receiving the license.
Source: TheCoinrise
