Breaking: Dubai Regulator Orders KuCoin to Halt All Unlicensed Crypto Operations
On Thursday, March 20, 2026, Dubai’s Virtual Assets Regulatory Authority (VARA) issued a critical cease and desist order against multiple entities operating under the KuCoin cryptocurrency exchange brand. The regulator explicitly instructed Phoenixfin Pte Ltd, MEK Global Limited, Peken Global Limited, and Kucoin Exchange EU GmbH to immediately halt all unlicensed virtual asset services targeting […]
