Finance & Crypto

Austria's regulator slaps new business ban on KuCoin's EU exchange

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Austria's Financial Market Authority has halted new business operations for KuCoin EU due to deficiencies in anti-money laundering and sanctions compliance, despite previously issuing it a MiCA license. This action underscores the stringent regulatory scrutiny cryptocurrency exchanges face in Europe, signaling that content creators and businesses must maintain robust compliance measures to avoid operational disruptions.

Read the full article at CoinTelegraph

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