KuCoin has strengthened its foothold in the Australian market after securing registration with Austrac, the country’s financial intelligence agency responsible for overseeing anti-money laundering and counter-terrorism financing compliance. The regulatory approval enables the global cryptocurrency exchange to legally operate and scale its services across Australia. Alongside the registration, KuCoin introduced new fiat on-ramp channels, allowing… Continue reading KuCoin Secures Austrac Registration, Expands Presence in Australia With New Fiat On-Ramp Services
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KuCoin Launches Multi-Crypto Mining Pool to Boost Dogecoin, Litecoin, and Bitcoin Participation
KuCoin, one of the world’s leading cryptocurrency exchanges, has unveiled a new mining pool designed to enhance network participation and profitability for Dogecoin, Litecoin, and, in the near future, Bitcoin. The initiative aims to provide miners with a streamlined, high-efficiency platform, integrating advanced hashing technology and competitive reward structures. By simplifying access and optimizing mining… Continue reading KuCoin Launches Multi-Crypto Mining Pool to Boost Dogecoin, Litecoin, and Bitcoin Participation
Canada Imposes Record Rs. 1,15 Crore Fine on KuCoin for AML Compliance Breaches
Canada has imposed a landmark penalty on cryptocurrency exchange KuCoin, fining the platform Rs. 1,15 crore for failing to adhere to anti-money laundering (AML) and counter-terrorist financing regulations. The decision highlights intensifying regulatory scrutiny over digital asset trading platforms amid growing concerns over illicit financial flows. Authorities cited deficiencies in transaction monitoring, customer due diligence,… Continue reading Canada Imposes Record Rs. 1,15 Crore Fine on KuCoin for AML Compliance Breaches