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In a bid to prevent fraud and improve regulation, the financial regulators in Hong Kong have released brand new legislation this week.

These regulations will give cryptocurrency exchanges the chance to obtain an operating license. Not only will this make it harder to launder money, but it will also help to secure compliance and improve regulations within the cryptocurrency exchange industry.

In recent months, market watchdogs have discussed cryptocurrency industry regulation after Facebook unveiled plans to launch its digital currency ‘Libra.’ …

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Time: 00:00 on 11/01/2019 to 23:59 on 11/10/2019 (UTC+8)

KCS Purchase: The activity will run for 10 rounds, with one round each day.

Available Places: 5,000 places in total will be released each day.

Criterion: Users who have a net buying volume of more than 0 KCS from the start of the activity to the start of each round are able to participate in the activity.

Individual Hard Cap on Each Round: 5,000 KCS

Payment Method: Only USDT is accepted for purchases in the activity.

Payment Deduction: Payments will be deducted from your Trading Account.

Purchase Price: KuCoin will announce the final purchase price on November 10, 2019 after the 10th round has ended. The final purchase price is based on the closing price of KCS/USDT at 16:00 (UTC+8) on November 10, 2019. …