KuCoin Launches Project Pinocchio with Multiple Blockchain Institutions to Fight against Dishonest Behaviors

On March 27, 2020, KuCoin, an IDG-backed exchange, announced the official launch of Project Pinocchio together with 21 top blockchain institutions around the world. The Project Pinocchio is committed to creating a fair, just and transparent business environment, and providing a foundation for the healthy development of the blockchain and crypto industry.

Johnny Lyu, the CEO at KuCoin said, At present, the first batch of members of the Project Pinocchio includes: Cointelegraph Chinese, Jinse Finance, ChainDD, ChainNews, Deepchain, BTCmanager, Cryptodiffer, DASH, Decenter, Digital Renaissance Foundation, J.M Consultancy Services, Newsbtc, PANews, Republic.co, TokenInsight, BlockBeats, Boliancaijing, Odaily, Mars Fiance,  CCValue, Honeycomb Finance, and more members are welcomed to join and contribute to the project. The Project Pinocchio will continue to update the progress of the project on the KuCoin website as well as other official KuCoin channels.

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