Kraken's AVAX staking could boost user engagement and ecosystem growth, but investors must weigh convenience against potential centralized risks.
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Kraken parent Payward secured Dubai VARA approval to offer UAE clients spot, margin, OTC, staking, AED funding, and Prime services.
The post Kraken secures Dubai approval to expand crypto services in the UAE appeared first on Crypto Briefing.
Kraken gains VARA approval in Dubai for spot, margin, OTC, staking, Prime access, with AED funding planned this year. Kraken has gained authorization from Dubai’s Virtual Assets Regulatory Authority through Payward FZCO, expanding its regulated presence in the UAE. The approval covers spot, margin, OTC, staking, and institutional access through Kraken Prime, while AED funding […]
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Kraken’s parent company, Payward, received preliminary approval from Dubai's VARA, paving the way for UAE dirham funding, margin and OTC trading and institutional access via Kraken Prime.
Victoria, Seychelles, May 21, 2026 – MEXC, a pioneer in 0-fee digital asset trading, has launched the NEX Launchpool, enabling users to stake selected assets or participate in futures trading activities to share 10,000,000,000 NEX in airdrop rewards. The event runs from May 20, 2026, to June 20, 2026 (13:00 UTC), and features multiple staking […]
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MEXC, a pioneer in 0-fee digital asset trading, has launched the NEX Launchpool, enabling users to stake selected assets or participate in futures trading activities to share 10,000,000,000 NEX in airdrop rewards. The event runs from May 20, 2026, to June 20, 2026 (13:00 UTC), and features multiple staking pools
Kraken sent 56 million tax forms to the Internal Revenue Service last year. Nearly a third covered transactions worth less than a dollar. More than 75% were for trades under $50. Those numbers, cited by the crypto exchange last month, have added weight to a growing call in Congress to rethink how small digital asset transactions are taxed in the United States. Related Reading: Crypto Access To Banks In Focus After Trump’s New Executive Order A Study, Not An Exemption A bipartisan group of House lawmakers introduced a bill Tuesday that takes a first formal step toward addressing that burden. Called the Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields Act — or PARITY Act — the legislation does not create a tax break for small crypto transactions. What it does is direct the Treasury Department to examine whether one should exist, and to report back within 180 days on what relief it can offer under its current authority. Innovation should create opportu