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Kraken Secures Full Dubai VARA License Ahead of UAE Crypto…

By Abdelaziz Fathi

Photo for: Kraken Secures Full Dubai VARA License Ahead of UAE Crypto…

Source excerpt · FinanceFeeds

Kraken is preparing to launch regulated crypto trading in the United Arab Emirates after parent company Payward received full approval from Dubai’s Virtual Assets Regulatory Authority, opening the door to spot and margin markets denominated directly in UAE dirhams. VARA issued Payward FZCO a Virtual Asset Service Provider licence on October 6 covering broker-dealer services and management and inve…