KuCoin Entities Were Serving Dubai Residents Without a License

Dubai’s Virtual Asset Regulatory Authority issued a public market alert and cease-and-desist order against KuCoin linked entities, to immediately halt all unlicensed virtual asset services directed at Dubai residents. The action follows a similar ban from Austria’s Financial Market Authority, which recently blocked KuCoin from onboarding new customers over internal compliance failures. source: https://www.ethnews.com/kucoin-entities-were-serving-dubai-residents-without-a-license/