The companies, products and regulatory developments shaping the broker industry.
The regulator’s register confirms a September in-principle approval for CFIX broker-dealer services; a full Dubai VASP licence and operational launch remain outstanding.
The 15 October leadership change expands Komainu’s institutional Dubai operation; the company’s separate VARA collateral-wallet permission dates to December 2025.
VARA’s register names the Dubai entity, its 20 October licence date and three eligible client categories. The entry lists Exchange Services as its permitted activity.
Payward FZCO holds an active licence issued on 6 October. Kraken’s subsequent UAE rollout plan combines local-currency funding with access to its trading network, with further products dependent on additional approvals.