Kraken receives full VARA greenlight to offer spot and margin product trading in the UAE

Crypto Insight Summary: Kraken, through its parent entity Payward, has officially expanded into the UAE with a full crypto brokerage, management and investment license from Dubai’s Virtual Asset Regulatory Authority (VARA), just months after it received its preliminary approval. The approval now allows Kraken to onboard both retail and institutional investors. Kraken had for years tried to enter... Crypto Insight Analysis: Direction: Bullish GT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Kraken's UAE expansion boosts regional liquidity and trading volumes for platform tokens.