The Commodity Futures Trading Commission (CFTC) Initiates Enforcement Proceedings against Kucoin, Designating BTC, ETH, and LTC as Commodities.

Quick Summary:

Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities.

The enforcement action, launched in the U.S.

District Court for the Southern District of New York, accuses Kucoin of multiple regulatory breaches involving these digital assets.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: KuCoin Regulation LTC CFTC Cryptocurrency Crypto Kucoin exchange ETH BTC CFTC charges Crypto exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 00:30:38 (1 months ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 20540101

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 11 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 9 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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