A closer look at “Kraken Parent Payward Gets Full Dubai VARA Approval for Dirham Trading”, exactly as the source publishes it. Payward, the parent company of cryptocurrency exchange Kraken, has received full market approval from Dubai’s Virtual Assets Regulatory Authority (VARA), clearing the final hurdle to offer dirham trading and expand digital asset services in the United Arab Emirates. The approval builds on a preliminary license granted in May, positioning Kraken to serve retail and institutional clients with UAE dirham pairs and a broader suite of products. Dubai’s crypto-friendly regulatory framework continues to attract major global exchanges, with VARA approvals seen as a key gateway to the Middle East and North Africa.
The move strengthens Kraken’s footprint in a region where competitors like Binance and Coinbase are also scaling operations. As the UAE pushes to become a global digital asset hub, Payward’s full authorization signals growing institutional confidence in the market and paves the way for deeper liquidity in dirham-denominated crypto trading. The full version stays on the original page, which this listing opens directly.