KuCoin has admitted to violating U.S. anti-money laundering and KYC regulations, pleading guilty to running an unlicensed money-transmitting business. The company has been fined $297 million and must suspend its U.S. operations for at least two years. In an official statement from the U.S. Attorney’s Office for the Southern District ...
KuCoin has appointed BC Wong as its new Chief Executive Officer (CEO), emphasizing the exchange's commitment to global expansion, regulatory compliance, and innovation. Wong, a seasoned leader with extensive experience in the cryptocurrency sector, has been an instrumental member of KuCoin's leadership team. His contributions have been critical in navigating ...
A recent survey by KuCoin highlights the strong interest in cryptocurrency and blockchain among young people in Vietnam. Over 68% of the respondents, which were mostly students, expressed a "very high interest" in blockchain, and 73% already hold cryptocurrencies. The survey was conducted during the Vietnam Technology & Investment Summit ...
KuCoin has launched a new feature that enables merchants to allow customers to pay for purchases directly from their accounts on the crypto exchange. According to the crypto exchange, this new feature, dubbed “ KuCoin Pay,” bridges the gap between traditional retail and digital currencies and will help create new ...
KuCoin, a global leader in digital asset technology, has announced a strategic partnership with Holdstation, a key player in Vietnam's blockchain ecosystem known for its innovative all-in-one asset management and wallet solutions. This partnership aims to accelerate the adoption of blockchain technology and DeFi innovation by focusing on education, supporting ...
KuCoin has expanded its offerings by listing GOATS (GOATS), a unique meme gaming token within the TON ecosystem. This addition aligns with KuCoin’s commitment to providing diverse and innovative options for its global user base. GOATS, a standout project in the TON community, combines meme culture with gaming, offering activities ...
KuCoin, one of the largest crypto exchanges in the world, has formed an alliance with the top law firm A&O Shearman as it faces mounting legal challenges from US authorities. This partnership comes after the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) brought debilitating lawsuits against ...
Bitget has unveiled a comprehensive update to its Know Your Customer (KYC) procedures and the new policy is slated to take effect from September 1, 2023. The Seychelles-based cryptocurrency exchange announced this development on Monday, August 21, 2023, emphasizing that changes were made to "better protect users' rights and interests, ...
KuCoin, a cryptocurrency exchange, has responded to allegations that one of its customers is responsible for launching thousands of meme coin frauds. While the exchange confirmed that the wallet address associated with the complaint belonged to one of its users, it stated that it would only freeze the account if ...
KuCoin experienced a Twitter account hack that lasted 45 minutes today, resulting in asset losses for several users. Following the incident, KuCoin released a tweet stating that they would reimburse all verified asset losses caused by the social media breach and the resulting fraudulent activity. KuCoin clarified that only its ...
