Dubai’s Virtual Assets Regulatory Authority (VARA) has issued an alert regarding JPEX.
VARA draws the attention of all investors and market participants to recent media coverage of regulatory action that is being considered and/or has been initiated against the Virtual Asset Service Provider (VASP) JPEX and/or associated companies within the holding group and specific individuals associated with these entities.
The regulator notes that JPEX is not regulated by or registered with VARA, and any VA Activity being carried out or offered by this entity, whether in/from the Emirate of Dubai or otherwise, has not been permitted or otherwise authorised by VARA.
Any…
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