VARA Notice of Fines - CoinMENA FZE

VARA imposed a fine on licensed VASP CoinMENA FZE (licence ref VL/23/09/001) for a rulebook compliance breach; notable as an example of VARA's active supervisory enforcement against its own licensees, not only unlicensed operators.

What firms should do

Informational

Regulator: Virtual Assets Regulatory Authority
Type: Enforcement Notice
Status: Enacted
Published: 22 Jun 2026
Reference: VL/23/09/001
Topic: Enforcement
Impact: Medium

Read it on the regulator's website

Found automatically on the regulator's website and summarised by AI by Arakan Lexara. Not legal advice; check the official source before relying on it.

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More from the Virtual Assets Regulatory Authority

VARA imposed a financial penalty on Peken Global Limited, operator of the KuCoin exchange brand, for unlicensed virtual-asset activity targeting Dubai, following its March 2026 investor alert.

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VARA Notice of Fines - CoinMENA FZE

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