Once known as the 'Little Binance', KuCoin has gone through many ups and downs between China and the US over the years, and has now begun to fully pursue a compliance route, which is quite thought-provoking.

Today, KuCoin sent out a mass email stating that it will charge dormant fees for accounts without KYC, advises users to transfer their assets immediately, and emphasizes that users in the US and mainland China cannot complete KYC.