UAE / Firms / MEXC

MEXC

MEXC (MEXC Estonia OÜ; MEXC Global LTD; MX Global LTD) holds no VARA licence (register read 21 Oct 2026). Latest VARA notice: 22 Jun 2026.

Status: VARA enforcement or alert · checked 21 Oct 2026
Dubai VARA only (excluding the DIFC). Licences from the SCA, ADGM's FSRA or the DIFC's DFSA are not covered.
VARA public register: No company of this name holds an active VARA licence (register read 21 Oct 2026). VARA register official
VARA notice: 5 Mar 2026: VARA investor and marketplace alert: MEXC “does not hold any licence to provide Virtual Asset services in/from Dubai”. VARA notice official
VARA notice: 22 Jun 2026: VARA notice of fines against MX Global LTD for providing broker-dealer and/or exchange services to customers in Dubai without a VARA licence “during the period from 2022 to April 2026”, and onboarding users without the required KYC; directed to cease and desist. VARA says the firm “has expressed its intention to enter VARA's licensing process”. VARA notice official
Activity: — · major brand (Main licensed activity (exchange > broker-dealer > custody > other))
Public statement: Not applicable.

History

5 Mar 2026VARA investor and marketplace alert: MEXC “does not hold any licence to provide Virtual Asset services in/from Dubai”. — vara.ae official
22 Jun 2026VARA notice of fines against MX Global LTD for providing broker-dealer and/or exchange services to customers in Dubai without a VARA licence “during the period from 2022 to April 2026”, and onboarding users without the required KYC; directed to cease and desist. VARA says the firm “has expressed its intention to enter VARA's licensing process”. — vara.ae official

VASP Tracker, “MEXC: Dubai VARA Crypto Licence Status (UAE)”, https://vasptracker.com/en/ae/platforms/mexc/ (accessed 21 Oct 2026). CC BY 4.0.