KuCoin EU hires anti-money laundering talent to appease Austrian regulator

KuCoin was ordered by Austria’s FMA to halt business in the EU because of a shortfall in AML and compliance staff.\nWhat to know : KuCoin EU hired AML and legal veteran Carmen Kleinhans as anti-money laundering officer (AMLO). Other senior hires include Austrian compliance veterans Stephan Klinger and Bernd Träxler. KuCoin EU Managing Director Sabina Liu was unable to provide a timeline for when the Austrian regulator would allow the exchange to resume operations.