Exchanges Unverified First seen 2026-10-12 08:41 UTC

Kraken parent Payward wins full Dubai VARA license for UAE expansion

Payward, Kraken's parent company, received full market approval from Dubai's VARA to expand its digital asset services in the UAE, according to Cointelegraph. The Defiant reports the planned rollout includes dirham deposits and withdrawals, AED trading pairs, staking and xStocks, with retail investors covered by Payward's license. Cointelegraph notes the full approval builds on a preliminary approval received in May.

Why “Unverified”

2 independent sources (The Defiant, Cointelegraph), but no primary confirmation

2 independent source groups across 2 posts · evidence score 75/100. How labels work

What the sources claim

Payward received full market approval from Dubai's VARA to expand its digital asset services in the UAE.

“Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE”
Cointelegraph
The planned rollout includes dirham deposits and withdrawals, AED trading pairs, staking and xStocks, with retail investors covered by Payward's license.

“The planned rollout includes dirham deposits and withdrawals, AED trading pairs, staking and xStocks, with retail investors covered by Payward’s license.”
The Defiant
The full approval builds on a preliminary approval received in May.

“building on the preliminary approval received in May”
Cointelegraph

Sources

The Defiant newswire 2026-10-12 08:41 UTC
Kraken Plans UAE Launch After Securing Full Dubai License
Cointelegraph newswire 2026-10-12 09:41 UTC
Kraken parent clears Dubai’s final hurdle for dirham trading rollout

More in Exchanges

All Exchanges stories →

Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-12 10:00 UTC. Labels are computed from the sources, not by the model.