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Dubai VARA Approves Kraken Parent Payward, Kraken Subsequently Launches in Dubai

MonitoringPolicyRegulatory actionFirst tracked 2026-10-12Last changed 2026-10-13

Current outcome

Kraken has launched operations in Dubai after receiving full market approval from the Virtual Assets Regulatory Authority (VARA), expanding its regulated footprint into the UAE.

Progress timeline

4 material updates
  1. #01
    Initial2026-10-12 08:22 · publication time

    【Kraken 母公司 Payward 获迪拜 VARA 全面批准】

    Kraken parent company Payward received full regulatory approval from Dubai's Virtual Assets Regulatory Authority, clearing the way for Kraken to launch in the UAE with AED deposit and withdrawal support.

    Source evidence: foresightnews · www.tokenpost.com · FinanceX Magazine · The Defiant · wublockchainenglish · Cointelegraph · www.tokenpost.com · TOKENPOST · CryptoTicker · CryptoRank

  2. #02
    Confirmation2026-10-12 08:38 · publication time

    Kraken母公司Payward获迪拜VARA全面市场批准,计划进军阿联酋市场

    Payward received full market approval from VARA to operate as a regulated VASP; plans to launch in the UAE with AED spot and margin trading, fiat on/off-ramps, staking, xStocks, Krak transfers, institutional OTC/Kraken Prime, with derivatives and yield products targeted for late 2026–2027.

    State after update: Payward has full market approval from Dubai VARA to operate as a regulated VASP and plans to launch UAE services including AED spot/margin trading, fiat ramps, staking, xStocks, Krak, and institutional offerings, with derivatives and yield products expected later.

    Source evidence: theblockbeats · TradingView

  3. #03
    Confirmation2026-10-12 19:50 · publication time

    Dubai Approves Kraken Parent Payward as Crypto Exchange Targets UAE Investors

    Dubai's crypto regulator approved Kraken parent company Payward to operate in the UAE, clearing the exchange to serve local investors.

    Source evidence: Analytics Insight

  4. #04
    Confirmation2026-10-13 09:44 · publication time

    Kraken Launches in Dubai with Full Market Approval from VARA

    Kraken has launched operations in Dubai after receiving full market approval from the Virtual Assets Regulatory Authority (VARA), expanding its regulated footprint into the UAE.

    Source evidence: Coinfomania

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