After the world’s largest cryptocurrency exchange Binance, KuCoin, one of the largest cryptocurrency exchanges in Asia, will also reduce the number of personnel.
Chinese crypto journalist Colin Wu KuCoin with the words of its employees confirmed to the news according to Asian cryptocurrency exchange staff 30% of will terminate his employment. Approximately to 1,000 employees average stock market 300 employees It was determined that he was going to be fired.
U.S. share of stock market profits as main reason for layoffs case after it has been fall shown. KuCoin much more after the lawsuit tight customer diagnostic protocols (KYC) had to apply.
On the other hand, the Asian-based stock market claims some of them confirmed. Dismissal rhetoric according to KuCoin if it reflects the truth and this situation profitability There is no affiliation with. KuCoin says the layoff move is general to improve performance aimed at a arrangement stated that.
Recently Binance similarly big One dismissal started the operation. Binance CEO Changpeng Zhao also with KuCoin similar Although some actors make statements about this situation, than announced much more deep causes claimed to be.