Latest News and Articles about Crypto Exchange

KuCoin Hit with $300M Fine, Founders Resign Amid US Regulatory Crackdown

31 January 2025 Daily Feed AML, Crypto Exchange, KuCoin, Regulatory Compliance

KuCoin Faces $300M Fine, Founders Step Down in US Regulatory Clash KuCoin, a prominent Seychelles-based cryptocurrency exchange, along with its founders Chun Gan and Ke Tang, has been hit with a nearly $300 million penalty after pleading guilty to operating without proper licensing in the United States. This significant legal action underscores the intensifying regulatory […]

Kazakhstan Jails Crypto Exchange Operators, Seizes $750K in Assets Amid Crackdown

24 January 2025 Daily Feed AFM, AIFC, Crypto Exchange, Kazakhstan

Kazakhstan Court Jails Crypto Exchange Operators as Crackdown Intensifies In a significant move, a court in Kazakhstan has sentenced three operators of an unlicensed cryptocurrency exchange to prison terms of 2.5 to 3.5 years, signaling the country’s ongoing efforts to regulate the crypto industry. This action comes as part of a broader crackdown on illegal […]