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Wire · operational-macro

Kraken Plans UAE Launch After Securing Full Dubai License

12 October 2026 · By · Wire by Fusion42

Published

12 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

UAE

◆ Source

Read at thedefiant.io →

◆ Verified

Fusion42 · 12 October 2026 · Fusion42 review

Kraken has secured a full operating license in Dubai and plans to launch services including dirham deposits and withdrawals, AED trading pairs, staking, and xStocks for retail investors under Payward’s license.

This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.

◆ ◆ The Wire takeaway

Dubai's licensing of Kraken signals a growing local acceptance of regulated crypto services, opening direct market access and banking rails for fintech founders looking to enter the UAE market.

◆ Coverage

2 sources · 12 Oct 2026

◆ Related on Wire

◆ Topics

Fintechkrakendubai-licenseuae-launchcrypto-regulationcefi