Dubai’s regulator requires KuCoin entities to halt unlicensed operations

The Virtual Assets Regulatory Authority (VARA) in Dubai has ordered KuCoin-associated entities to cease all unlicensed activities, emphasizing that KuCoin is not permitted to operate within Dubai’s jurisdiction.

VARA has advised investors to steer clear of unlicensed platforms like KuCoin and to confirm the licensing status of any service provider before proceeding with transactions.

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