Wu Blockchain has learned that Kraken's parent company, Payward, announced it has received Full Market Approval from Dubai's Virtual Assets Regulatory Authority (VARA), allowing it to provide regulated virtual asset services to retail, professional, and institutional investors. Kraken plans to launch in the UAE in the coming weeks, supporting AED-denominated spot and margin trading, as well as direct AED deposits and withdrawals. Additionally, it will offer services like on-chain staking and tokenized stocks (xStocks). Institutional clients will also have access to OTC spot trading and Kraken Prime. Other products, such as crypto derivatives, are planned for rollout between late 2026 and 2027, pending regulatory approval. Previously, Payward received preliminary approval from VARA in May of this year. https://(wublock123.com)/news/kraken-payward-vara-approval-uae-launch-plans-69910