Arjun Sethi & Payward

Arjun Sethi: Arjun Sethi>>>, co-CEO of Payward>>> and Kraken>>>, commented on the significance of United Arab Emirates — Dubai>>>'s clear regulatory framework for attracting liquidity and institutional capital, emphasizing the benefits of local supervision.

Payward: Payward, the parent company of Kraken>>>, received preliminary regulatory approval from Pakistan — Drug Regulatory Authority of Pakistan>>> in United Arab Emirates — Dubai>>> to expand its cryptocurrency services in the United Arab Emirates>>>. This approval is a significant step in its international expansion strategy and allows it to offer a broader range of regulated services.

Arjun Sethi: Kraken CEO Arjun Sethi has publicly outlined the company's long-term licensing strategy.

Payward: Payward, Kraken's parent company, is driving the global licensing strategy, including this European push.

Arjun Sethi: Arjun Sethi, Co-CEO of Payward and Kraken, highlighted the strategic importance of Bitnomial's clearing infrastructure for Payward's expansion into regulated United States crypto derivatives.

Arjun Sethi: Arjun Sethi, co-CEO of Payward and Kraken, confirmed the acquisition terms and highlighted Reap Technologies as a key component for the next phase of Payward's expansion, particularly in Asia.