KuCoin

Tokyo, Japan, July 5th, 2024, Chainwire $DOP, the token of the Data Ownership Protocol (DOP) will be available for trading in 7 major cryptocurrency exchanges such as Bybit, Kucoin, HTX, Bitfinex, Gate.io, MEXC, and WhiteBIT, starting July 5th, 2024. The Data Ownership Protocol clarified that on Bybit, the token will be listed as $DOP1 to avoid confusion with an existing fiat coin. On KuCoin, Gate.io, Bitfinex, MEXC, and WhiteBIT, the token will be listed as $DOP. DOP launched its mainnet…

The post ETFSwap (ETFS) To Explode 40,000% Ahead Of Kucoin, Binance Listing appeared first on Coinpedia Fintech News The ETFSwap (ETFS) token has seen a lot of hype amid expectations that the coin will likely be listed on exchanges such as Binance and Kucoin. Binance and Kucoin are two of the largest centralized crypto exchanges globally, and crypto analysts expect a 40,000% surge in value after the listing. The Binance exchange currently hosts about 500 cryptocurrencies, of which there are…

The post KuCoin Partners With Major Law Firm To Fight DOJ, CFTC Lawsuits appeared first on Coinpedia Fintech News KuCoin has announced its new partnership with the A&O Shearman Law firm to fight against lawsuits from DOJ and CFTC. In March, the US CFTC filed a lawsuit against KuCoin, alleging its failure to register with the regulatory bodies. U.S. federal prosecutors also charged KuCoin with violating anti-money laundering laws. KuCoin’s CEO revealed multiple rounds of communication with the agencies and…

Binance and KuCoin have officially registered with India’s Financial Intelligence Unit, marking a pivotal shift in regulatory compliance for cryptocurrency exchanges. India’s crypto market continues to thrive as it secures its position as the second largest globally, attracting substantial cryptocurrency investments. According to a recent report from Today’s Business Standard, the disparity between registered and unregistered cryptocurrency firms is set to decrease. This comes after significant developments where international crypto giants like Binance and KuCoin have secured registration with India’s…

Kucoin faces the law as criminal charges against the cryptocurrency exchange surface. NuggetRush merges impact gaming, GameFi, and cryptocurrency within a single ecosystem. NUGX has been recognized for its high growth potential, as analysts predict a 50x rally. The US Department of Justice (DOJ) is pursuing the cryptocurrency exchange Kucoin (KCS) with an indictment that accuses the platform and two of its founders of violating anti-money laundering laws. The criminal charges are under the Bank Secrecy Act, specifically for operating…

TL;DR An investor moved 2 trillion SHIB tokens from KuCoin to an unknown address following US legal action against the exchange. The company faces allegations of aiding in money laundering, leading to significant fund withdrawals amid the controversy. According to Whale Alert, a mysterious investor moved 2 trillion SHIB tokens (worth over $62 million) from the cryptocurrency exchange KuCoin to an unknown address yesterday (March 27), shortly after the company was targeted by US prosecutors.  2,000,000,000,000 #SHIB (62,232,000 USD) transferred from…

The Commodity Futures Trading Commission (CFTC) classifies Ethereum (ETH) and Litecoin (LTC) as commodities in the KuCoin case. This classification comes amidst legal challenges for KuCoin, with implications for the broader digital asset market. Following the reported by CNF, Litecoin (LTC) has experienced incredible network activities and technological developments in 2023. In a landmark development for the digital currency world, the Commodity Futures Trading Commission (CFTC) has classified Ethereum (ETH) and Litecoin (LTC) as commodities. This pivotal decision, emerging amid…

The US federal prosecutors charge KuCoin with anti-money laundering law violations, questioning its customer vetting processes. Despite legal challenges facing KuCoin, Bitcoin maintains a steady value, holding firm at $70,000, indicating continued investor confidence. Recent developments reported by Reuters reveal that KuCoin, a prominent global cryptocurrency exchange, is now facing charges from US federal prosecutors. The charges allege that KuCoin violated U.S. anti-money laundering laws by not implementing effective customer identification procedures since its inception in 2017. This alleged oversight…

Major crypto exchange KuCoin, along with two of its founders, was alleged to have failed to implement anti-money laundering (AML) and know-your-customer (KYC) procedures. According to prosecutors, the absence of AML and KYC on KuCoin enabled the platform to be used to launder illicit funds from criminal proceeds. KuCoin and Founders Slammed With Charges In a press release on March 26, United States prosecutors accused KuCoin, with Chun Gan and Ke Tang – founders of the exchange, of operating an…