Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch
Bitcoin Magazine Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch Kraken currently has more than 100 licenses and registrations worldwide. This post Kraken Parent Payward Wins Full Dubai License, Plans UAE Launch first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
Kraken's parent company Payward has secured a full license from Dubai's Virtual Assets Regulatory Authority, allowing it to launch regulated exchange services in the UAE. The exchange already holds more than 100 licenses and registrations globally, and the approval expands its regulated footprint into a key Middle East crypto hub. A trader would care because it signals continued regulatory acceptance and opens a new market for institutional and retail crypto trading, a modest positive for exchange-sector sentiment.
