Shelbit
Shelbit (Shelbit General Trading L.L.C) holds no VARA licence (register read 21 Oct 2026). Latest VARA notice: 24 Jul 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
- 24 Jul 2026: VARA notice of fines: following a 2 January 2025 cease-and-desist notice, the firm was found still providing VA services in and from Dubai without a licence, onboarding users without KYC and marketing without authorisation; fined and directed to cease and desist. VARA notice official
- Activity
- — (Main licensed activity (exchange > broker-dealer > custody > other))
- Public statement
- Not applicable.
History
- VARA notice of fines: following a 2 January 2025 cease-and-desist notice, the firm was found still providing VA services in and from Dubai without a licence, onboarding users without KYC and marketing without authorisation; fined and directed to cease and desist. — vara.ae official
Read More
- 59 Companies Hold a VARA Crypto Licence in Dubai. Who May Serve Retail
- VARA's Enforcement Record: Fines on MEXC, KuCoin and OPNX, and 19 Unlicensed Firms
Cite This Page
VASP Tracker, “Shelbit: Dubai VARA Crypto Licence Status (UAE)”, https://vasptracker.com/en/ae/platforms/shelbit/ (accessed 21 Oct 2026). CC BY 4.0.Found an error? Report it · Corrections