Dutch central bank warns that KuCoin operating without registration

FILE PHOTO: Representation of cryptocurrency is seen in front of a Kucoin logo in this illustration taken on February 9, 2021. REUTERS/Dado Ruvic/Illustration/File Photo

AMSTERDAM (Reuters) - The Dutch central bank on Thursday issued a statement saying cryptocurrency exchange KuCoin is operating in the Netherlands without being registered to do so.

KuCoin is a subsidiary of a Seychelles-registered company called MEK Global Limited (MGL), the bank said in a statement.