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Kucoin was founded in 2017 by Chun Gan, Ke Tang, Michael Gan and Johnny Lyu, who is the current CEO. [1] Michael Gan was the first CEO of Kucoin. [citation needed] In November 2018, Kucoin raised $20 million in a series A funding round led by IDG Capital, Matrix Partners and Neo Global Capital.
The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
While KuCoin doesn't have the market dominance or name recognition of Coinbase or Binance, it's risen to prominence by offering an array of derivatives and spot trading products. The firm has also ...
KuCoin trails Binance, Coinbase and Kraken among cryptocurrency spot exchanges on factors including traffic, liquidity and trading volumes, according to the data company CoinMarketCap.
As of February 2018, the Chinese government has halted trading of virtual currency, banned initial coin offerings, and shut down mining. Many Chinese miners have since relocated to Canada [70] and Texas. [71] One company is operating data centers for mining operations at Canadian oil and gas field sites due to low gas prices. [72]
Changpeng Zhao (Chinese: 赵长鹏; pinyin: Zhào Chángpéng), commonly known as CZ, is a Chinese-born Canadian businessman.Zhao is the co-founder and former CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of July 2024.
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The company was launched by Star Xu in 2017. It is a global company with offices in Singapore, Hong Kong, the UAE, the Bahamas and the United States.. On April 11, 2018, the company announced its expansion to Malta, given the country's efforts to provide a sound regulatory framework for blockchain businesses and digital asset exchanges.