Cryptocurrency platform JPEX is not regulated by or registered with the Virtual Assets Regulatory Authority, the Dubai regulator said in a statement dated Sept. 25.
- Any virtual asset activity carried out or offered by JPEX has not been permitted or authorized by VARA
- Any claims by JPEX and any responsible individuals that it is regulated by VARA are “entirely false and inaccurate”
- VARA continues to monitor the situation and may take enforcement actions against JPEX
- JPEX is headquartered in Dubai, according to its website
- NOTE:
H.K. Regulator Rips JPEX, Saying It Never Approached for License - NOTE:
Crypto Platform JPEX Shuts ...
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