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Crypto exchange KuCoin will enforce KYC for users

Today, May 11 a cryptocurrency exchange Kucoin has announced it will enforce KYC checks for users.

The exchange will do it in an attempt to remain as one of the most trustworthy and transparent exchanges in operation. This measure is to ensure KuCoin remains compliant with the developing regulations in the crypto industry.

However, the exchange does not specify when unverified users will lose access to the platform.