US CFTC charges Kucoin with operating illegal digital asset derivatives exchange

US CFTC charges Kucoin with operating illegal digital asset derivatives exchange

The Star Online - Tech·2024-03-27 08:01

WASHINGTON (Reuters) - The U.S. Commodity Futures Trading Commission on Tuesday said it had charged cryptocurrency exchange Kucoin with operating an illegal digital asset derivatives exchange.

In a statement, the CFTC said Kucoin had solicited and accepted orders for commodity futures, swaps and other commodity transactions without registering with the commission.

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