KuCoin Appeals While Expanding Abroad

[cryptobro]

KuCoin has appealed the fine to Canada’s Federal Court, calling it “excessive and punitive” and disputing its classification as a foreign money services business. Despite mounting global scrutiny — including a $300M settlement in the US and bans in Japan — KuCoin continues to grow. In Thailand, the exchange has been tapped to help launch a $153M tokenized bond program, opening sovereign debt to retail investors via blockchain.

[EmTeam]

KuCoin fighting the fine while still landing major deals shows how resilient the exchange is.

[Nahid Hossen]

The Thailand bond program could be a big step for bringing traditional finance onto blockchain.