KuCoin
KuCoin Ventures to Provide $20K Grant to TON Ecosystem
The funding will be allocated to five "mini-apps" focusing on payments and gaming.

DOJ Attorneys Ask for Time to Process Evidence Against Celsius Founder; Dogecoin Jumps Again
"CoinDesk Daily" breaks down the top crypto headlines of the day, including why dogecoin (DOGE) is rising for the second straight day. Attorneys for the U.S. Department of Justice (DOJ) ask a judge for time to produce evidence in their case against former Celsius CEO Alex Mashinsky. Binance plans to ask a court to dismiss the U.S. Commodity Futures Trading Commission’s (CFTC) suit against it. And, KuCoin responds to recent speculation surrounding layoffs.

Crypto Exchange KuCoin to 'Adjust Some Personnel as Needed', but Denies Report of Major Layoffs
A report circulated on Twitter on Tuesday that the exchange plans to eliminate 30% of its workforce amid declining profit.

Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month
As of July 15, new customers will be required to complete identification checks to use KuCoin's services.

KuCoin Has Closed a $10M Funding Round Into CNHC, but Is the Offshore Yuan Right for a Stablecoin?
Circle Ventures, the venture arm of the USDC-issuer, and IDG Capital also joined the round.

Ether a Security? That Could Have Huge Ramifications for Crypto, Legal Expert Says
The outcome of the New York Attorney General's lawsuit against KuCoin could prompt federal regulatory action against the second-largest crypto asset, says Penn State University Dickinson Law professor Tonya Evans.

Crypto Debate Continues Over Whether Ether Is Considered a Security
In a lawsuit filed against Seychelles-based crypto-exchange KuCoin on Thursday, New York Attorney General (NYAG) Letitia James alleged the firm violated securities laws by offering tokens, including ether (ETH), that meet the definition of a security without registering with the attorney general's office. "The Hash" panel discusses the case for ETH as a security and the potential industry repercussions.

Ether Hits Two-Month Low as New York Attorney General Alleges Ether Is a Security
In a filing against crypto exchange KuCoin on Thursday, New York State Attorney General Letitia James alleged that ether, among other token offerings, is a security. Penn State Dickinson Law Professor Tonya Evans explains how a security is defined under state law, saying, "it very much mimics the Howey Test...but often times at the state level, there's a more expansive view and definition." Plus, she weighs in on the broader implications for the crypto industry.

What Happens If Ether Is a Security?
In a lawsuit filed against KuCoin, New York State Attorney General Letitia James alleged that the Seychelles-based crypto exchange is violating securities laws by offering unregistered securities tokens, including ether. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses what could happen if ether is a security.

New York Attorney General Alleges Ether Is a Security in KuCoin Lawsuit
New York State Attorney General Letitia James filed suit against KuCoin on Thursday, alleging the Seychelles-based crypto exchange is violating securities laws by offering tokens, including ether (ETH), that meet the definition of a security without proper registration. Penn State Dickinson Law Professor Tonya Evans discusses the action and the outlook for U.S. crypto regulation. Plus, key takeaways from yesterday's House hearing on the digital asset ecosystem.
