VARA

MX Global LTD (MEXC)

VARA fined MX Global LTD (MEXC) and issued a cease & desist for operating as an unlicensed VA broker-dealer/exchange & failing KYC in Dubai.

Date

2026-06-22

Entity type

VASP

Action type

Multiple

Fine (as written)

—

Fine (normalised AED)

—

Personal fine

Regulations breached

Federal Decree-Law No. (10) of 2025 (AML/CFT), Dubai Law No. (4) of 2022 (VA), Cabinet Resolution No. 111/2022

Scraped at

2026-07-04T07:48:52.723743+00:00