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WSJ ECONOMY Philippines Central Bank Delivers Jumbo Hike in Bid to Combat Inflation Optimistic MARKET WATCH Top HSBC strategist has a warning for retail investors chasing the AI rally Strong Bullish CNBC TOP STORIES U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO Strong Bullish MOTOR1 Ford’s New Bronco ORV Package Is Built For Tough Trails, But It Isn’t Cheap Neutral COINTELEGRAPH Move over memecoins: Crypto ‘meme games’ coming, bagholders and all Strong Bullish BBC BUSINESS 'I can't afford to heat my home on my pension' Pessimistic BBC BUSINESS 'An £8k service charge left me unable to pay bills' Neutral CNBC TOP STORIES Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes Strong Bullish BUSINESS INSIDER Japan's aging business owners are selling their legacies for cheap to young entrepreneurs… Neutral BUSINESS INSIDER This Box executive loves candidates with side projects. His own involves bringing back ol… Neutral BBC BUSINESS Calls to cut employer National Insurance contributions for under-25s Neutral THE GUARDIAN WORLD NEWS Thursday news quiz: Liz is absurd, Apu finds words and a bloke steals a bird Pessimistic THE GUARDIAN WORLD NEWS Wanted: new No 10 adviser to help citizens deal with rise of AI Pessimistic CBS NEWS Elon Musk's Starlink and Starshield, and what they mean to Ukraine Bearish ABC NEWS Coastal construction projects threaten the mangrove forest that protects Vietnam's bigge… Bullish BUSINESS INSIDER Wait: Your autonomous Tesla won't drive everywhere just yet Neutral BBC BUSINESS No purchase, no seats: Starbucks China rolls out new policy Neutral CNBC TOP STORIES China's stock market sinks into bear territory as CSI 300 extends 10-week rout Strong Bullish BUSINESS INSIDER Sundar Pichai explains how a team of AI agents helps him run the company Neutral NEW YORK TIMES BUSINESS Looted Goods From French Stores Appear on Resale Sites After Riots Bearish WSJ ECONOMY Philippines Central Bank Delivers Jumbo Hike in Bid to Combat Inflation Optimistic MARKET WATCH Top HSBC strategist has a warning for retail investors chasing the AI rally Strong Bullish CNBC TOP STORIES U.S. Treasury yields may be poised for a breakout with Fed meeting as catalyst, says BMO Strong Bullish MOTOR1 Ford’s New Bronco ORV Package Is Built For Tough Trails, But It Isn’t Cheap Neutral COINTELEGRAPH Move over memecoins: Crypto ‘meme games’ coming, bagholders and all Strong Bullish BBC BUSINESS 'I can't afford to heat my home on my pension' Pessimistic BBC BUSINESS 'An £8k service charge left me unable to pay bills' Neutral CNBC TOP STORIES Oil prices jump on Middle East worries as U.S., Israel reportedly weigh fresh Iran strikes Strong Bullish BUSINESS INSIDER Japan's aging business owners are selling their legacies for cheap to young entrepreneurs… Neutral BUSINESS INSIDER This Box executive loves candidates with side projects. His own involves bringing back ol… Neutral BBC BUSINESS Calls to cut employer National Insurance contributions for under-25s Neutral THE GUARDIAN WORLD NEWS Thursday news quiz: Liz is absurd, Apu finds words and a bloke steals a bird Pessimistic THE GUARDIAN WORLD NEWS Wanted: new No 10 adviser to help citizens deal with rise of AI Pessimistic CBS NEWS Elon Musk's Starlink and Starshield, and what they mean to Ukraine Bearish ABC NEWS Coastal construction projects threaten the mangrove forest that protects Vietnam's bigge… Bullish BUSINESS INSIDER Wait: Your autonomous Tesla won't drive everywhere just yet Neutral BBC BUSINESS No purchase, no seats: Starbucks China rolls out new policy Neutral CNBC TOP STORIES China's stock market sinks into bear territory as CSI 300 extends 10-week rout Strong Bullish BUSINESS INSIDER Sundar Pichai explains how a team of AI agents helps him run the company Neutral NEW YORK TIMES BUSINESS Looted Goods From French Stores Appear on Resale Sites After Riots Bearish
Story 07 of 9
  1. 01Trump's Energy Ceasefire Claim Roils Markets as Ukraine Awaits Russian Confirmation
  2. 02Houthi Missile Strike on Riyadh Airport Kills 12, Escalates Middle East Conflict Risk
  3. 03Hall and Woodford Win Nobel Prize in Economics for Boom-Bust Cycle Models
  4. 04Four-Year Bull Market Nears Milestone as AI Spending Sustains Rally, But Yield Risk Looms
  5. 05India's Retail Inflation Jumps to 5.54% in September, Signaling Further Rate Hike Risk
  6. 06Goldman Sachs Flips Bullish on Stocks for Year-End, Citing Earnings and Valuation Support
  7. 07Kraken Parent Payward Wins Full Dubai Approval for Dirham Trading and RLUSD Custody
  8. 08Global Energy Order Under Strain as Iran Conflict Cascades Into Supply Chains and Food Prices
  9. 09IMF Chief Warns AI Is Hitting Labor Market Like a "Slow-Moving Tsunami," Urges Crisis-Era Support
Crypto

Kraken Parent Payward Wins Full Dubai Approval for Dirham Trading and RLUSD Custody

Kraken Parent Payward Wins Full Dubai Approval for Dirham Trading and RLUSD Custody

What’s happening

Payward, Kraken's parent company, received full market approval from Dubai's Virtual Assets Regulatory Authority (VARA) to expand digital asset services in the UAE, including dirham trading and custody for Ripple's RLUSD stablecoin. The firm also plans to enable institutional collateral arrangements via LMAX.

Market impact

Approval signals growing institutional adoption of crypto infrastructure in the Middle East and validates stablecoin utility for regional finance. Ripple's RLUSD gains a major custody partner, supporting its competitive positioning against USDC and USDT in emerging markets.

Broader implications

Dubai's regulatory clarity attracts crypto capital and positions the UAE as a hub for digital asset innovation, competing with Singapore and Hong Kong. Institutional-grade custody infrastructure accelerates crypto's transition from retail speculation to institutional settlement rails.

Sources (1)

The articles Pulse read to write this story
  1. Kraken parent clears Dubai's final hurdle for dirham trading rollout

Written by Pulse AI from the articles above. Always check the original reporting before acting on it.

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