Investor Alert: Dubai Regulator VARA Flags Unlicensed MKAN Coin Platform
The Virtual Assets Regulatory Authority (VARA) has issued an alert regarding MKAN Coin DMCC, which advertised virtual asset activities in the United Arab Emirates (UAE) without the necessary regulatory approval. VARA has...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
XRP vs Bitcoin: Investor Says RLUSD Growth and Regulatory Clarity Could Shift Crypto’s Balance of Power
While the claim remains highly ambitious given Bitcoin’s commanding lead in market capitalization, the discussion highlights broad...
UK Crypto Rulebook Cuts Stablecoin Capital Requirement To 1%
The UK’s crypto rulebook is starting to look more real, and stablecoin issuers now have a clearer idea of what they are dealing wi...
CryptoQuant Flags Exchange Deposit Spike As Bitcoin Volatility Risk Builds
Bitcoin’s rebound has not removed the risk of another volatile move. CryptoQuant is warning that exchange deposit activity has pic...
Citi Cuts Bitcoin Target To $82,000 As ETF Demand Weakens
Wall Street’s Bitcoin expectations have taken another hit. Citi has cut its 12-month Bitcoin target to $82,000 from $112,000, poin...
JP Morgan Warns of New Bitcoin Sell Pressure From Strategy While XRP AI Transactions Approach 1 Million
Although the two developments are unrelated, they illustrate how Bitcoin’s institutional investment narrative and XRP’s expanding...
UAE Central Bank Clears DDSC for VARA Platforms, Bringing Dirham Stablecoin to Consumers
The Central Bank of the UAE has granted a no-objection certificate to the dirham-backed stablecoin DDSC, allowing it to list on re...