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The Dutch Central Bank (DNB): KuCoin not Registered, Offers Illegal Services
The Central Bank of the Netherlands, De Nederlandsche Bank (DNB), has issued a warning to KuCoin. It states that the crypto exchange has been operating without legal registration in the Netherlands.
According to the DNB, MEK Global Limited (MGL), which trades under the name KuCoin, violates the country’s Anti-Money Laundering (AML) and Combatting the Financing of Terrorism (AML/CFT) regulations.
The central bank also notes that the KuCoin has been “illegally offering exchange services be
