Kraken secures Dubai VARA authorization to offer UAE clients AED funding, spot, margin, OTC, and staking
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Promote with Leviathan NewsPayward FZCO, Kraken’s local subsidiary, received VARA authorization in Dubai for broker-dealer, investment, and management services. The approval lets Kraken serve UAE retail and professional clients through a regulated local entity with AED deposits and withdrawals, global orderbook access, spot, margin, OTC, staking, Krak transfers, and Kraken Prime for institutions. Kraken says it plans to roll out Buy, Trade, and Earn first, with derivatives, lending, and other investment products later for qualified clients.
TLDR by @Benthic
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