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US CFTC charges Kucoin with operating 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.

March 26, 2024 / 21:24 IST
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Representative image
Representative image

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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Reuters
first published: Mar 26, 2024 09:24 pm

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