High Alert

Kraken parent clears Dubai’s final hurdle for dirham trading rollout

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Cointelegraph
Kraken parent clears Dubai’s final hurdle for dirham trading rolloutWorldPing
Image via Cointelegraph.

What happened

Payward received full market approval from Dubai’s VARA to expand its digital asset services in the UAE, building on the preliminary approval received in May.

Key facts

  • Reported by Cointelegraph and published Mon, 12 Oct 2026 09:41:17 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Kraken parent clears Dubai’s final hurdle for dirham trading rollout

  2. Altcoins rally on thin trading as bitcoin holds below $83,500

Sources

The original report was published by Cointelegraph. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Cointelegraph

Related WorldPing coverage