Kraken Lands Full Dubai Licence: Dirham Trading Goes Live for UAE Crypto Investors

Kraken is officially in Dubai. Kraken’s parent Payward received Full Market Approval from Dubai’s Virtual Assets Regulatory Authority (VARA) on Monday, and the exchange plans to start serving clients in the UAE in the coming weeks. The approval follows the preliminary approval Payward received in May. What does the Kraken Dubai licence cover?VARA issued Payward FZCO VASP licence VL/26/10/002 on October 6, 2026, listed as active and permitting the entity to serve institutional, qualified and retail investors.