Browsing:KuCoin

Apple's App Store in India recently restricted access to crypto exchange apps
2 months ago 2 mins read

Apple App Store in India has blocked Binance, KuCoin, Bitget, Huobi, OKX, Gate.io and MEXC crypto exchange apps

Apple’s App Store in India recently restricted access to crypto exchange apps such as Binance, KuCoin, Bitget, Huobi, OKX, Gate.io, and MEXC. This decision comes just weeks after the Indian government issued a noncompliance notice to nearly a dozen offshore cryptocurrency exchanges. The Financial Intelligence Unit (FIU) of the Indian Ministry of Finance issued a notice to several exchanges, including Binance, Huobi, Kraken, Gate.io, KuCoin, Bitstamp, MEXC Global, Bittrex, and Bitfinex, on December 28, 2023, for allegedly operating illegally in India. The FIU emphasized that any exchange that caters to Indian users must register as a “reporting entity” and file

KuCoin crypto exchange has reached a $22 million settlement to resolve a lawsuit filed by the state of New York against it.
2 months ago 2 mins read

KuCoin Resolves Lawsuit with $22 Million Settlement: Ceases Operations in New York

KuCoin crypto exchange has reached a $22 million settlement to resolve a lawsuit filed by the state of New York against it. The settlement also includes KuCoin ceasing its trading activities in New York, indicating a significant agreement to address legal concerns. According to the terms of the agreement, KuCoin will refund a total of $16.7 million to approximately 177,800 New York investors. In addition, the cryptocurrency exchange will pay a $5.3 million fine to the state. The resolution was announced by New York Attorney General (NYAG) Letitia James, who cited KuCoin’s alleged misrepresentation as a crypto exchange while failing

Indian Authorities Issue Warning to Leading Crypto Exchanges for Non-Compliance
2 months ago 1 min read

India to ban 9 cryptocurrency exchanges URLs

Binance, Kucoin, Huobi, Kraken, Gate, Bittrex, Bitstamp, MEXC, and Bitfinex are among nine prominent crypto exchanges that have received a warning from Indian regulatory authorities. The Financial Intelligence Unit India (FIU IND) has expressed concern about the failure of these exchanges to comply with registration regulations and regional legal requirements. The FIU IND, which is in charge of monitoring virtual digital asset activities, has issued compliance Show Cause Notices to nine overseas Virtual Digital Asset Service Providers (VDA SPs). The notices emphasize potential liability for the exchanges’ noncompliance with the Prevention of Money Laundering Act (PMLA) and the Anti-Money Laundering/Counter

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state.
3 months ago 2 mins read

KuCoin Settles $22 Million Lawsuit with NYAG, Exits New York Operations

KuCoin has reached an agreement with the New York Attorney General (NYAG) to halt all operations in the state. The agreement stems from a lawsuit filed by KuCoin alleging illegal and unregistered sales of securities and commodities. KuCoin is required to pay over $22 million as part of the agreement, with over $16.7 million earmarked for refunds to New York-based users and an additional $5.3 million to the NYAG. The lawsuit, filed in March, accused KuCoin of running a cryptocurrency exchange where users could buy and sell cryptocurrency classified as securities or commodities under New York State law. The agreement

KuCoin crypto exchange review
1 year ago 2 mins read

KuCoin crypto exchange review

KuCoin is a cryptocurrency exchange that was founded in 2017 and is based in Hong Kong. It has gained a reputation for having a large number of altcoins available for trade, which makes it a popular choice for cryptocurrency traders who are looking to buy and sell lesser-known coins. One of the main advantages of KuCoin is its user-friendly interface, which is suitable for both beginners and advanced traders. It also has a wide range of trading options, including spot trading, margin trading, and futures trading. In addition, KuCoin has a mobile app that is available for both iOS and