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[Payward, Kraken's Parent Company, Secures Final Regulatory Approval in Dubai, Set to Launch Crypto Services in the UAE] According to The Block, Payward, Kraken's parent company, has obtained final regulatory approval from Dubai, paving the way for the exchange to launch its UAE operations in the coming weeks. Kraken plans to offer spot and margin trading denominated in UAE Dirhams (AED), staking, xStocks, Krak transfer services, as well as institutional-grade over-the-counter (OTC) spot trading and Kraken Prime services. As for cryptocurrency derivatives services, further regulatory approval is still required.