Kraken Nears UAE Launch After Preliminary Dubai VARA Approval

TLDR Kraken moved closer to launching in the United Arab Emirates after Payward received preliminary approval from Dubai’s VARA. The preliminary approval covers a broker-dealer, investment, and management licence for Kraken’s Dubai plans. Kraken said it plans to offer AED funding, margin trading, over-the-counter services, and Kraken Prime at launch. The company’s latest step in [...]

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