KuCoin Invests $ 10 Million in a Yuan Stablecoin CNHC!

KuCoin Invests $ 10 Million in a Yuan Stablecoin CNHC!

KuCoin recently took the initiative to lead a funding operation raising $10 million for an offshore Chinese yuan stablecoin issuer, CNHC. This investment made by the most prominent cryptocurrency exchange is a component of a larger plan to promote stablecoins. Circle was among the many prominent industry investors who contributed to the CNHC investment round. … Read more

KuCoin Gets Sued for Violating Securities and Commodities Regulations

KuCoin Gets Sued for Violating Securities and Commodities Regulations

In a recent lawsuit, the New York Attorney General’s office accused KuCoin of “ignoring our laws and placing investors in danger.” New York Attorney General Letitia James has filed suit against KuCoin (KCS) as part of a larger effort to crack down on virtual currencies. On Wednesday, the New York Attorney General’s office sued (1) … Read more