KuCoin's anticipated settlement with the Commodity Futures Trading Commission (CFTC) faces delays due to a policy shift under the Trump administration, which prioritizes leniency towards crypto firms. On April 21, CFTC attorney John Murphy requested additional time from District Judge Valerie Caproni to finalize an agreement made under the Biden administration. Acting CFTC Chair Caroline Pham indicated that the enforcement division would not actively pursue cases against crypto companies. KuCoin is under scrutiny for multiple violations of the Commodity Exchange Act, with charges filed by both the CFTC and the Justice Department related to Anti-Money Laundering laws, amidst claims of handling over $5 billion in suspicious funds. Initially, in December 2024, both KuCoin and the CFTC had informed the court of a principle agreement, but details remain undisclosed. The lack of a majority at the CFTC complicates settlement approvals, as two members from each political party currently sit on the commission. This environment casts uncertainty over both the timeline and the outcome of any negotiated settlement.

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