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Kucoin said it will support local crypto exchange okx is ceasing services for users in india, it has informed customers after regulatory scrutiny. Okx, a major global cryptocurrency exchange, has announced its decision to stop operating in the country making crypto enthusiasts and investors across india shocked. Kucoin, the people’s exchange and your preferred platform to find the next crypto gem, is pleased to announce that we have become among the first global crypto exchanges to.
Last week another global exchange, okx, said that it will be halting its services to indian users from april 30, in the wake of the local regulatory challenges The cryptocurrency exchange cited local regulatory hurdles as the primary. Learn why okx exits india while kucoin adapts to fiu regulations in the crypto market
Stay informed on crucial compliance updates.
Crypto trading platform, kucoin, has become the first global crypto exchange to fully comply with india’s financial intelligence unit (fiu) regulations On december 28, 2023, india’s ministry of finance’s financial intelligence unit (fiu) issued notices to several cryptocurrency exchanges, including binance, huobi, kraken, gate.io,. The cryptocurrency exchange okx has announced it will halt its operations in india This decision follows closely on the heels of increased regulatory scrutiny from india’s financial.
On march 21, okx sent a notice to indian users requesting they close their accounts and redeem funds by april 30
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