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KuCoin Upgrades Its Standard User Identity Verification Procedure

KuCoin assured users that during the period when the platform will undergo the upgrade, the security of customers' funds in their KuCoin accounts will not be affected. But the platform urged its users to "complete the standard user identity verification (KYC) as soon as possible."
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US Lawmaker Emphasizes Potential Of Stablecoins As PayPal Launches PYUSD

McHenry noted that stablecoins can only achieve their full potential if "clear regulations and robust consumer protections" are available, underlining the importance of Congress enacting legislation that would "provide comprehensive digital asset regulation, especially for stablecoins."

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