The exchange would be following in the steps of Binance and Bybit if it manages to secure a license.
The ratio of Binance USDT reserves to user balances also dropped significantly.
The move builds on its successful bitcoin futures trading and is set to strengthen Brazil’s cryptocurrency market.
KuCoin was used to launder billions in proceeds from darknet markets, malware, ransomware and fraud schemes, U.S. Attorney Danielle R. Sassoon said in a statement.
In a Tuesday filing, lawyers for Coinbase argued that their case offered “the single best opportunity” to decide how to regulate secondary crypto trading.
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
The official memecoin of the 47th United States president will be listed on most major crypto exchanges, even though the fan token faced trouble getting listed.
Crypto exchange Upbit could face sanctions from South Korean authorities for not complying with money laundering obligations.
The Commodity Futures Trading Commission sued Gemini in 2022 for making misleading statements.
FTX’s bankrupt European arm, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), was acquired by Backpack for $32.7 million.
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