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KuCoin operator to pay $500,000 to resolve US CFTC case

( March 31, 2026, 15:49 GMT | Official Statement) -- MLex Summary: The US Commodity Futures Trading Commission announced a consent order against Peken Global Limited, a company incorporated under the laws of the Turks and Caicos Islands, which operates the KuCoin exchange, for allowing US participants to trade directly on its electronic trading and order-matching system without registering with the CFTC as a foreign board of trade. The order permanently enjoins Peken Global from future violations, as charged, and it requires Peken Global to pay a $500,000 civil monetary penalty.Statement follows below. Document attached....

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