United States of America: Announced settlement in Attorney General lawsuit against KuCoin for allegedly failing to register in the State of New York
Description
Announced settlement in Attorney General lawsuit against KuCoin for allegedly failing to register in the State of New York
On 12 December 2023, the New York Attorney General (AG) announced it had reached a settlement in the lawsuit against KuCoin regarding violations of licensing requirements. KuCoin, a cryptocurrency trading platform, was operated by Mek Global Limited…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Business registration requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
subnational
Government Branch
executive
Government Body
other regulatory body