The Ontario Securities Commission

Canadian Regulator Fines Bybit, KuCoin For Securities Law Violations

The Ontario Securities Commission (OSC) has hit two foreign cryptocurrency exchanges with enforcement actions after finding they failed to comply with securities laws

Ontario Regulator OSC Bans KuCoin for Failing To Comply With

The regulator has barred KuCoin

The OSC successfully obtained orders permanently banning KuCoin from participating in Ontario’s capital markets and requiring KuCoin to pay an administrative penalty of CAD $2,000,000 and a further $96,550.35 towards the costs of the OSC’s investigation.

OSC holds global crypto asset trading platforms accountable

The regulator has barred KuCoin from market participation in the province and has settled with Bybit, both accused of operating unregistered crypto trading platforms.

The release states the regulator

Ontario Watchdog Ousts KuCoin, Penalizes Bybit Over Non

Kucoin banned in Ontario, Canada after ghosting

The release states the regulator’s successful actions against two exchanges, Bybit and KuCoin, for not complying with the securities law. JUST IN: KuCoin exchange has

KuCoin exchange banned in Canada over regulatory

Breaking: OSC Bans Kucoin; Settlement Agreement

Canada’s Ontario regulator bans KuCoin and fines Bybit

The OSC obtained orders permanently

The OSC obtained orders permanently banning KuCoin from participating in Ontario’s capital markets and requiring KuCoin to pay an administrative penalty of CAD