Condividi questo articolo

Ontario Regulator Takes Action Against KuCoin Trading Platforms for Violating Securities Law

The Ontario Securities Commission said the trading platform has failed to register.

Aggiornato 14 set 2021, 1:07 p.m. Pubblicato 8 giu 2021, 1:58 p.m. Tradotto da IA

The Ontario Securities Commission (OSC) has formally alleged that KuCoin trading platforms have failed to comply with the province's securities law.

STORY CONTINUES BELOW

Non perderti un'altra storia.Iscriviti alla Newsletter Crypto Daybook Americas oggi. Vedi tutte le newsletter

Iscrivendoti, riceverai email sui prodotti CoinDesk e accetti i nostri termini di uso e politica sulla privacy.

The OSC, which oversees the management and enforcement of securities in Canada’s most populous province, filed a Statement of Allegations that KuCoin firms Mek Global Limited and PhoenixFin Pte. Ltd. have failed to comply with Ontario securities law.
The regulator said KuCoin is operating an unregistered crypto asset trading platform and encouraging Canadian customers to trade crypto asset products that are securities and derivatives on the platform.
The OSC said it had warned all crypto asset trading platforms offering trading in derivatives or securities in Ontario that they must contact its staff or face potential regulatory action.
Crypto trading platforms were given until April 19 to bring their operations as a dealer or marketplace into compliance.
KuCoin did not contact the OSC, the regulatory body said.

Больше для вас

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

18 мар. 2025 г.

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

Что нужно знать:

Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.