Kraken Parent Payward Gets Full Dubai Licence to Expand in UAE
Payward, the parent company of Kraken, has received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority to provide regulated cryptocurrency services to retail, professional, and institutional clients in the UAE.
Planned offerings include spot and margin trading in UAE dirhams, institutional over-the-counter services, and access to Kraken Prime.
The company has not announced a launch date or confirmed which cryptocurrencies will have dirham-denominated trading pairs.
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