Ontario Securities Commission Slaps Bybit and KuCoin With Enforcement Actions

Ontario Securities Commission Slaps Bybit and KuCoin With Enforcement Actions

Unlike Bybit, KuCoin is accused of being uncooperative with the OSC’s investigation. As a result, the Seychelles-based exchange has been permanently banned from participating in Ontario’s capital markets. The OSC also hit the exchange with a C$2 million ($1.5 million) fine, as well as nearly C$100,000 ($77,000) in investigation-related costs.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.


*