POPA ReconKraken Clears Dubai's Final Step to Launch in the UAE
Kraken Clears Dubai's Final Step to Launch in the UAE Kraken got Full Market Approval from Dubai's VARA, the last licensing stage after its preliminary nod in May. Parent Payward can now start regulated activity for retail, professional and institutional clients. At launch, UAE clients get spot and margin trading in AED pairs, dirham deposits and withdrawals, on-chain staking, xStocks and Krak transfers, while institutions get OTC spot trading and Kraken Prime. "From launch, clients in the UAE get the same order book and multi-asset coverage we run in every other market," said co-CEO Arjun S…
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