Payward Secures Full Market Approval from Dubai’s VARA

Payward gains full approval from Dubai's VARA, enabling Kraken's UAE operations. Here's why this matters for crypto services. Payward, the parent company of Kraken, has received full market approval from Dubai’s VARA, allowing the launch of regulated virtual asset services for various types of investors. This development, reported by CryptoTwitter commentator @WuBlockchain, highlights Kraken’s impending entry into the UAE market, which could significantly enhance its service offerings and attract a broader client base. The approval from Dubai’s VARA marks a significant step for Payward as it prepares to launch Kraken’s services in the UAE within weeks.

Source: Coinfomania