Kraken plans to begin serving UAE clients in the coming weeks after parent company Payward received full market approval from Dubai’s regulator.
Payward, the parent company of cryptocurrency exchange Kraken, has received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority (VARA), allowing it to operate as a regulated virtual asset service provider in Dubai. Institutional clients will have access to over-the-counter spot trading and Kraken Prime The approval covers retail, professional and institutional investors. Kraken is targeting a launch for UAE clients in the coming weeks. At launch, clients will be able