Dubai Orders Crypto Exchange KuCoin to Stop Offering Services to Residents
Yahoo Finance·2026-03-06 23:40
Dubai’s digital asset regulatory body has ordered Kucoin Exchange EU Gmbh—operating as Kucoin—to cease and desist its operations in the emirate, according to a Friday announcement. The Virtual Assets Regulatory Authority (VARA) said that the cryptocurrency exchange does not hold a license to provide digital asset services within Dubai, and is therefore not authorized to operate there. “It has come to VARA's attention that the company [KuCoin] may be providing Virtual Asset activities to Dubai residents w ...