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Wire · operational-macro

Kraken UAE Launch: What Crypto Trading Services Will Payward Offer?

12 October 2026 · By · Wire by Fusion42

Published

12 October 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

UAE

◆ Source

Read at coinpedia.org →

◆ Verified

Fusion42 · 12 October 2026 · Fusion42 review

Payward, Kraken's parent company, secured Full Market Approval from Dubai's VARA to offer regulated crypto trading and related financial services in the UAE, starting with spot and margin trading, staking, and institutional OTC trading, with derivatives and yield products planned later.

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

◆ ◆ The Wire takeaway

Kraken's UAE approval opens direct market access for crypto trading firms aiming to serve the Middle East. You need to revisit your compliance and market entry plans in the region now to avoid missing out on new opportunities.

◆ Coverage

2 sources · 12 Oct 2026

◆ Related on Wire

◆ Topics

Fintechcryptoregulationuaemarket-approvalkrakencrypto-trading