Crypto needs proper regulation – KuCoin CEO

Cryptocurrency exchange KuCoin recently revealed many new blockchain products, one of which was the launch of KuCoin Fiat Account – a facility that will grant global users access to deposit US dollars using a credit or debit card.

In an exclusive interview with Coin Rivet, KuCoin CEO Johnny Lyu, said the exchange was trying to continue to improve the experience for all classes of crypto investors by introducing advanced products with less complexity and lower fees.

“The KuCoin Fiat Account will help get more intenders on board, contributing to the mass adoption of crypto ahead,” he said, adding the company will be holding a campaign to reward its users.

Every day from 6pm until November 5, the first 100 users who buy USDT via KuCoin Fiat Account using Visa, Mastercard, or Balance will receive a 50% discount on their purchase.

Coin Rivet also asked Lyu for some general opinion on the company’s new product, dubbed KuCoin S – a dedicated social platform for crypto that would offer a world of benefits beyond simply trading.

Source: https://finance.yahoo.com/news/crypto-needs-proper-regulation-kucoin-161649763.html