VARA orders KuCoin entities to cease unlicensed virtual-asset operations
Dubai’s Virtual Assets Regulatory Authority (VARA) issued a market alert, directing multiple firms operating under the KuCoin name to stop providing virtual-asset services in the emirate. VARA’s message was unambiguous: the named entities must cease offering services “in or from Dubai” because they are not licensed.
Animoca Brands Secures VARA VASP Licence in Dubai, Clearing Path for Institutional Services
Animoca Brands has secured a Virtual Asset Service Provider (VASP) licence from Dubai’s Virtual Assets Regulatory Authority (VARA) dated February 16, 2026, authorising broker-dealer and management and investment services for virtual assets under Dubai Law No. 4 of 2022, while explicitly excluding the Dubai International Financial Centre (DIFC). The approval formalises Animoca’s ability to operate […]