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Crypto Exchange Kraken Secures VARA License to Launch in Dubai

DE
Decrypt Editorial
(04:32 PM UTC)
1 min read
JM
Updated byJames Mitchell
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In brief

  • Payward, Kraken's parent company, secured preliminary regulatory approval from Dubai's Virtual Asset Regulatory Authority (VARA).
  • Services will include spot and margin trading, OTC, staking, transfers, and institutional offerings through Kraken Prime.
  • UAE customers can fund accounts and withdraw in dirhams through a locally regulated subsidiary.

Cryptocurrency exchange Kraken said…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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