Core Viewpoint - Dubai's Virtual Assets Regulatory Authority (VARA) has issued a cease-and-desist order against cryptocurrency exchange KuCoin for potentially operating without proper authorization in the emirate [1][2][4]. Regulatory Actions - VARA stated that KuCoin and several related entities may have been offering virtual asset services to Dubai residents without the required license [2][5]. - The regulator has instructed KuCoin to immediately stop all unlicensed activities targeting users in Dubai [2][6]. - VARA identified multiple entities linked to KuCoin, including Phoenixfin Pte Ltd, MEK Global Limited, Peken Global Limited, and KuCoin Exchange EU GmbH, as potentially providing services without approval [3][4]. Compliance Requirements - VARA emphasized that KuCoin does not hold a license to provide virtual asset services in or from Dubai, making any related activities a breach of local crypto regulations [4][5]. - Under Dubai Law No. 4 of 2022 and Cabinet Resolution No. 111/2022, all crypto service providers must obtain a license before offering services to users in the jurisdiction [5][6]. - Any promotions, advertising, or solicitations related to KuCoin have not been approved by VARA [5][6]. Regulatory Framework - VARA is responsible for supervising and monitoring virtual asset activities across Dubai, excluding the Dubai International Financial Centre (DIFC) [7]. - The regulator has introduced a licensing regime to ensure crypto companies operate within a structured legal framework while protecting investors and maintaining market integrity [7].

📩 Your Poloniex 0 Fee trading invitation has arrived.Zero-fee Spot & Futures tradingReady to trade without friction? 🚀 https://t.co/fcBG9CSas7 ...

Regulatory Framework - The United Arab Emirates has established a clear regulatory framework for crypto exchanges, with Dubai's Virtual Assets Regulatory Authority issuing licenses and Abu Dhabi's Financial Services Regulatory Authority overseeing platforms in the Abu Dhabi Global Market [1] - This regulatory clarity has attracted international platforms seeking formal authorization instead of operating in regulatory gray areas [1] Company Developments - Flipster, a perpetuals-focused trading platform, received in-principle approval from VARA, marking a significant regulatory milestone for the exchange in the UAE [2] - This approval paves the way for regulated spot trading to commence, with expectations for more products to follow upon full licensing [2] Strategic Insights - The decision to enter the UAE market was influenced by the region's regulatory clarity and economic ambition, which are seen as competitive advantages for long-term expansion [4] - The UAE's geographical positioning connects major financial centers across Asia and Europe, providing operational advantages for exchanges looking to serve multiple markets [4] Long-term Vision - The UAE's approach to digital assets is part of broader economic diversification efforts, indicating a commitment to sustainable growth rather than volatility-driven expansion [5] - Flipster's preparation for supervised activity in the UAE involved formalizing governance structures, refining risk assessment methodologies, and enhancing monitoring systems to align with VARA's expectations [6]

🚀 How to Subscribe to Poloniex Super in 3 Easy Steps:1️⃣ Log in to your Poloniex account2️⃣ Go to “Super Membership Page”3️⃣ Pay 1 USDT to unlock 30 days of Super benefitsEnjoy unlimited zero-fee Spot (incl. Margin) & Futures trading + exclusive perks! 💳Upgrade now 👇https://t.co/zbXQn8KZrsH.E. Justin Sun 👨‍🚀 🌞 (@justinsuntron):The Zero-Fee Era is here. 🚀Unlock UNLIMITED trading on @Poloniex for just $1.Yes, one dollar. 🤯Say goodbye to trading fees and keep 100% of your profits.https://t.co/8xsZCF16Vp ...

Core Viewpoint - Laser Digital, a spinoff from Nomura, has applied for a national trust bank charter to enhance its digital asset services and streamline regulatory compliance [1][2]. Group 1: Company Developments - Laser Digital plans to offer custody of digital assets and U.S. government securities, as well as spot trading and staking, but will not engage in direct deposits or trade securities [2]. - The application for the national trust bank charter aims to eliminate the need for state-by-state custody licenses, reflecting the company's strategic move to scale its operations [2]. - Steve Ashley, co-founder of Laser Digital, emphasized that the application aligns with the company's global ambitions and the importance of operating under stringent regulatory standards in the U.S. financial market [5]. Group 2: Industry Trends - The Office of the Comptroller of the Currency (OCC) has seen a significant increase in charter applications, with 18 de novo applications filed in 2025, indicating a growing interest among nonbank entities [2]. - The OCC conditionally approved national trust banking charters for five digital-asset firms in December, showcasing a trend towards regulatory acceptance in the digital asset space [3]. - Industry experts predict that the OCC will receive 25 novel charter applications in 2026, highlighting the evolving landscape of banking and the challenges to traditional banking franchise value [6].

Event Overview - Poloniex is hosting a year-end celebration from December 22nd, 2025 to January 5th, 2026 [1] - The event features a $60,000 prize pool [1] Participation Incentives - New users are guaranteed prizes [1] - Users can register and receive airdrops of up to 100 USDT [1] - Participants can earn rewards through daily trading check-ins [1] - Referral program available for users to earn rewards by inviting friends [1] Trading Activities & Rewards - Spot trading contest offers rewards based on trading volume and ranking [1] - Futures trading rewards are available, up to 20,000 USDT [1] - Spot Grid trading bonuses are offered [1]

Promotion Details - BitMart offers a promotion where users completing spot trading of at least 1 USDT daily for 7 days can earn up to 11,000 USDT [1] - The promotion is limited to the first 2,000 users on a first-come, first-served basis [1] Platform - The promotion is hosted on the BitMart crypto exchange platform [1]

Key Events - Vooi's Season 1 points campaign concluded, crucial for airdrop at TGE [1] - Season 2 has started, allocating 5% of the total supply across 25 epochs for perps and spot trading [1] Trading & Platform - Perpetual futures (Perps) are available on major platforms, allowing users to participate in multiple points programs [1] - Vooi redistributes airdrop allocations received from platforms back to traders [1] - Total trading volume has exceeded $26 billion USD [1] Potential & Outlook - The program's attractiveness depends on TGE performance [2]

Promotion Details - LBank officially launches 0-Fee Festival [1] - Spot trading fees are waived to 0 percent for both maker and taker [1] - Offers 100 percent deposit bonus for futures trading [1] Call to Action - Encourages users to trade more [1]

Marketing Promotion - LBank offers zero spot fees for crypto trading [1] - LBank provides a 100% deposit bonus [1] - LBank encourages users to join its platform for crypto trading [1]