Kraken

Policy & Legal Updates

Assetize Secures Jersey Trust Registration to Enable UAE Tokenised Asset Issuance

Assetize's trust entity has been registered by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998. The setup allows UAE-regulated virtual asset service providers to administer and issue tokenised real-world assets through Jersey structures supported by Assetize's Dubai International Financial Centre technology arm. Jersey currently accounts for 27.4% of the global tokenised equities market by value as of September 2026.

Policy & Legal Updates

Kraken Secures Full Market Approval from Dubai’s VARA for UAE Operations

Payward, the parent company of cryptocurrency exchange Kraken, has secured Full Market Approval from Dubai's Virtual Assets Regulatory Authority for its subsidiary Payward FZCO. The license permits the entity to operate as a regulated Virtual Asset Service Provider for retail, professional, and institutional clients. The platform will support AED-denominated pairs alongside direct dirham deposits and withdrawals.

Policy & Legal Updates

Kraken Parent Payward Wins Full Dubai Crypto License from VARA

Dubai's Virtual Assets Regulatory Authority has granted Full Market Approval to Payward FZCO, the parent company entity of cryptocurrency exchange Kraken. The license authorizes Payward to provide broker-dealer, management, and investment services to retail, professional, and institutional clients. Kraken plans to launch UAE services in the coming weeks, featuring UAE dirham trading pairs and direct AED funding.

Policy & Legal Updates

Dubai Regulator Grants Full Virtual Asset Licence to Kraken Parent Payward

Payward, the parent company of cryptocurrency exchange Kraken, has secured full regulatory approval from Dubai's Virtual Assets Regulatory Authority. The licence permits the platform to prepare services for retail, professional, and institutional investors in the UAE, including direct dirham trading and deposits. Payward expects to roll out local operations in the coming weeks following preliminary approval received in May.