Tag - kucoin
25Apr

Nigeria’s central bank denies reports on crypto account freezing

Nigeria’s central bank denies false claims made by crypto media, asserting that it didn’t mandate local banks to freeze accounts associated with unlicensed crypto exchanges. The Central Bank of Nigeria (CBN) says it didn’t order local financial institutions to freeze accounts linked to unlicensed crypto exchanges after reports surfaced alleging such directives. In an X post, the...

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30Mar

CFTC Commissioner hints at overreach on KuCoin charges

Caroline Pham, a CFTC commissioner, has publicly criticized her agency’s legal action against the crypto exchange KuCoin. The Commodity Futures Trading Commission, in collaboration with the U.S. Department of Justice, charged KuCoin on March 26 for unlawfully operating a digital assets derivatives exchange. The charge by the CFTC has sparked controversy, particularly regarding jurisdictional boundaries between the CFTC and its sister...

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