Dubai Authorities Issue a Cease and Desist Order to Cryptocurrency Exchange KuCoin

2026/03/07 09:31 (Updated 2026/03/07 13:01)
CoinPost
Written by K.Kobayashi
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Dubai Authorities Issue a Cease and Desist Order to Cryptocurrency Exchange KuCoin

Cease and Desist Order Issued to KuCoin

Cease and Desist Order Issued to KuCoin

The Virtual Asset Regulatory Authority (VARA) of Dubai announced on the 5th that it has ordered cryptocurrency exchange KuCoin to cease all unapproved crypto operations.

VARA claims that KuCoin has been operating in Dubai without obtaining the necessary regulatory approvals and has been falsifying its licensing status. The authority has advised consumers and investors in Dubai not to use KuCoin's services.

According to KuCoin's official website, the company operates globally...

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MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more