Dubai’s Virtual Asset Regulatory Authority (VARA) has issued a market alert against Kucoin Exchange, and Phoenixfin PTe Ltd MEK Global Limited, as well as Peken Global Limited, commercially advertisin...

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<p><strong>Dubai’s Virtual Asset Regulatory Authority (VARA) has issued a market alert against Kucoin Exchange, and Phoenixfin PTe Ltd MEK Global Limited, as well as Peken Global Limited, commercially advertising as Kucoin, given that Kucoin has been offering Dubai residents virtual asset services without being regulated in the country.</strong></p>
<adv/><p>VARA noted that Kucoin has been providing these services without the necessary regulatory approvals and misrepresenting its licensing status. As a result, the company has been instructed to cease and desist from all unlicensed virtual asset and crypto activities.</p>
<adv/><h3><span>Dubai piles on EU prohibition for Kucoin </span></h3>
<p>VARA has also noted that Kucoin does not hold any license to provide virtual asset services in/from Dubai. According to VARA, unlicensed companies pose a risk to consumers because they are not compliant with VARA regulations and rule books, and this exposes consumers to significant financial risk, as well as legal consequences.<br/><br/>In accordance with Dubai Law No. (4) of 2022 and Cabinet Resolution No. 111/2022, all virtual asset service providers must be licensed to operate legally in this jurisdiction.</p>
<p>Although Kucoin in early 2026 received an EU Markets in Crypto Assets Regulation (MiCAR) license in Austria to operate as a crypto exchange, or what is known as a crypto asset service provider across the EU, in February 2026, the Austrian Financial Market Authority (FMA) prohibited KuCoin EU from onboarding new business due to breaches in anti-money laundering (AML) obligations.</p>
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<span>See also</span>  <span>Polkadot price analysis: Bullish trend to continue as prices step to the $9.71 mark</span>
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<p>Due to a lack of proper compliance staff, the Austrian regulator suspended new business activities for KuCoin EU in February 2026.</p>
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Dubai’s regulator issues market alert against Kucoin crypto exchange

迪拜虚拟资产监管局 (VARA) 已发布市场警示，提醒公众注意Kucoin交易所、Phoenixfin PTe Ltd、MEK Global Limited 以及 Peken Global Limited 的商业广告活动……

<div><div><div><p><strong>杜拜虚拟资产监管局 (VARA) 已向Kucoin交易所、Phoenixfin PTe Ltd MEK Global Limited 以及 Peken Global Limited 发出市场警示，这些公司均以Kucoin 的名义进行商业广告宣传，因为Kucoin一直在向迪拜居民提供虚拟资产服务，但并未获得该国的监管。</strong></p><adv/><p> VARA指出， Kucoin在未获得必要的监管批准的情况下提供这些服务，并虚报其许可状态。因此，VARA已命令该公司停止所有未经许可的虚拟资产和加密货币活动。</p><adv/><h3><span>杜拜加码欧盟对Kucoin的禁令</span></h3><p>VARA也指出， Kucoin并未持有在杜拜提供虚拟资产服务的任何许可证。 VARA表示，无证公司对消费者构成风险，因为它们不遵守VARA的法规和规则，这会使消费者面临重大的财务风险以及法律后果。<br/><br/>根据 2022 年第 (4) 号杜拜法律和 2022 年第 111 号内阁决议，所有虚拟资产服务提供者必须获得许可才能在本司法管辖区合法经营。</p><p>尽管Kucoin在 2026 年初获得了奥地利的欧盟加密资产市场监管局 (MiCAR) 许可证，可以作为加密货币交易所（或欧盟范围内所谓的加密资产服务提供商）运营，但在 2026 年 2 月，奥地利金融市场管理局 (FMA) 因违反反洗钱 (AML) 义务而禁止Kucoin EU 开展新业务。</p><div><div><span>另请参阅</span><span>Polkadot价格分析：随著价格迈向 9.71 美元，上涨趋势将继续</span></div></div><p>由于缺乏合适的合规人员，奥地利监管机构于 2026 年 2 月暂停了Kucoin EU 的新业务活动。</p></div></div></div>

迪拜监管机构发布市场警报，警告Kucoin加密货币交易所

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