GeishaMelody
Mon Jul 08 2024
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6 answers
1105
Did kucoin violate anti-money laundering laws?
The recent allegations surrounding Kucoin's handling of user funds have raised serious questions regarding compliance with anti-money laundering laws. Could you elaborate on the specific accusations? Are there indications that Kucoin failed to conduct adequate know-your-customer checks or to report suspicious transactions? Have regulators launched investigations into these claims? If so, what are the potential consequences for Kucoin if found guilty of violating anti-money laundering regulations? Given the sensitivity of the matter, it's crucial to understand the legal implications of these allegations and how they might impact the cryptocurrency exchange's operations.
Bianca
Fri Jun 07 2024
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7 answers
1524
Is Taiwan crypto-friendly?｜Currently, Taiwan requires cryptocurrency service providers to comply with anti-money laundering laws since the Financial Supervisory Commission introduced anti-money laundering rules in July 2021. Otherwise, .the crypto industry remains largely unregulated
Is Taiwan considered crypto-friendly? It seems that the Financial Supervisory Commission has implemented anti-money laundering rules for cryptocurrency service providers since July 2021, ensuring they comply with relevant regulations. However, it also appears that the crypto industry remains largely unregulated beyond these anti-money laundering measures. So, does this mean Taiwan is crypto-friendly, or are there still significant barriers and regulations that hinder the growth of the crypto market in Taiwan?
