KuCoin CEO: The US accusation of KuCoin is a typical growth and regulatory issue faced by the cryptocurrency industry
2024-03-27 10:48:13
KuCoin CEO Johnny Lyu stated that the recent accusations made by the US government against the platform are not unique to KuCoin, but rather typical growth and regulatory issues faced by emerging industries. It is not far fetched to see regulatory gaps in the early stages of development in industries like cryptocurrencies. As the industry matures, it will move towards compliance and standardization. It is reported that last Friday, KuCoin became the first global exchange registered with an Indian financial intelligence agency.
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