Dubai crypto regulator says KuCoin exchange is operating without proper license and must stop

The regulatory authority responsible for overseeing cryptocurrency activities in Dubai has issued a public statement affirming that the KuCoin exchange is currently operating without the necessary licenses required by law. As a result, the regulator has mandated that KuCoin must cease its operations within the jurisdiction until it secures the appropriate licensing. This determination underscores the importance of compliance with local regulations in the burgeoning digital currency sector. source: https://www.coindesk.com/policy/2026/03/06/dubai-crypto-regulator-says-kucoin-exchange-is-operating-without-proper-license-and-must-stop