KuCoin, a cryptocurrency exchange, recently announced that users based in New York will face certain restrictions. Within the next 30 days, these users will no longer be able to engage in trading activities on the platform. Additionally, their accounts will be completely closed within a period of 120 days. This decision is likely a result of regulatory requirements or changes in compliance policies. It is important for affected users to take note of these timeframes and make any necessary arrangements to ensure a smooth transition to alternative platforms or services for their cryptocurrency trading needs.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinKuCoin agrees to ban New York residents and pay $22 million settlement