KuCoin EU Executive Highlights Regulatory Fork for Crypto Exchanges

Audrey Lim stresses that European platforms must choose between operating as high-risk trading venues or regulated financial institutions under evolving EU rules.

KCS

Summary

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Terms & Concepts
  • Crypto exchange: An online platform that facilitates the buying, selling, and trading of cryptocurrencies.
  • Regulatory framework: A set of rules and guidelines established by a governing body to oversee and control activities within a specific industry.
  • Financial institution: An organization engaged in financial transactions such as investment, lending, and asset management, operating under strict regulatory oversight.