kucoin. Photo by BeInCrypto Canada’s financial intelligence unit has imposed a record C$19.6 million ($14 million) fine on Peken Global Limited, operator of crypto exchange KuCoin, for failing to comply with anti-money laundering (AML) requirements. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced the penalty on Thursday, citing three violations. Largest Penalty Imposed by FINTRAC The Seychelles-based company did not register as a foreign money services business, and ...