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HomeTechUS CFTC charges Kucoin with operating illegal digital asset derivatives exchange

US CFTC charges Kucoin with operating illegal digital asset derivatives exchange

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WASHINGTON (Reuters) – 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.

(Reporting by Katharine Jackson and David Ljunggren)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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