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#Payward
Kraken wins Dubai approval for regulated UAE crypto route
Kraken won preliminary approval from Dubai's VARA, opening a regulated UAE route for spot, OTC, staking and Prime services as exchanges compete for Gulf crypto flows.
Fed Opens Crypto Master Account to Public Comment After Trump Order
The Federal Reserve opened a 60-day comment period on a new payment account tier for crypto and fintech firms, acting within 48 hours of Trump's May 19 executive order. The proposal could give exchanges and stablecoin issuers direct access to the Fed's settlement rails for the first time.
Kraken layoffs show the crypto IPO window is cooling
Kraken's 150 job cuts and a drift toward a 2027 flotation suggest public investors still want steadier exchange revenue, not another bull-market growth story.
Kraken parent Payward files for OCC charter to offer regulated crypto custody
Kraken parent Payward has filed an application with the Office of the Comptroller of the Currency to establish Payward National Trust Company, seeking federal oversight for digital asset custody services.
Kraken parent Payward to buy stablecoin payments firm Reap for $600m, deepens Asia push
Kraken's parent Payward agreed to buy Hong Kong-based stablecoin payments firm Reap Technologies for up to $600m in cash and stock at a $20bn valuation, its largest deal yet and a clear signal of the IPO pitch: financial infrastructure, not a spot exchange.
