/PRNewswire/ — KuCoin, a leading global crypto platform built on trust, today announced that its European subsidiary, KuCoin EU Exchange GmbH (KuCoin EU), has officially received a license under the Regulation on Markets in Crypto Assets (MiCAR) in Austria. This authorization enables KuCoin EU to offer fully compliant digital asset services in 29 countries in the European Economic Area (EEA, excluding Malta).
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The approval represents an important step forward in KuCoin’s global compliance roadmap and means the company is successfully meeting the requirements of one of the most comprehensive and stringent digital asset regulatory frameworks in the world.
MiCAR is widely regarded as one of the strictest, most structured and forward-looking digital asset regulatory regimes in the world. By securing the license through its local EU office, KuCoin strengthens its position as a compliant global exchange and reaffirms its commitment to operating under the world’s most trusted regulatory regimes.
This achievement builds on KuCoin’s extensive global compliance expansion, including achieving AUSTRAC registration as a digital currency exchange in Australia in November this year, as well as improving its compliance infrastructure in several key jurisdictions. MiCAR approval enables KuCoin EU to offer secure, transparent and compliant services to millions of European users under a unified, highly integrated regulatory framework.
BC Wong, CEO of KuCoin, commented:
“Achieving the MiCAR license with our local office in Austria is a critical milestone in KuCoin’s long-term trust and compliance strategy. The European MiCAR framework represents one of the world’s highest regulatory standards and we are proud to meet this benchmark. As part of our $2 billion Trust Project, KuCoin will continue to build a transparent, credible and security-focused Web3 infrastructure that strengthens user trust and that supports responsible growth of the digital asset industry.”
The MiCAR license strengthens KuCoin’s global trust architecture, which is supported by the $2 billion Trust Project, world-class security certifications such as SOC 2 Type II, ISO 27001:2022, ISO 27701 and CCSS, and ongoing third-party proof-of-reserves audits. With industry-leading risk and compliance systems, these pillars underscore KuCoin’s commitment to “Trust First. Trade Next.”, enabling individuals and institutions to access digital wealth services with trust and transparency.
“This milestone strengthens KuCoin’s commitment to responsible global expansion. Compliance is not just a regulatory obligation, but the foundation of our long-term mission to provide safe, innovative and accessible digital wealth services to users worldwide,” BC added. “As KuCoin continues to adapt to regulatory frameworks in additional regions and countries, we remain true to our commitment to develop trustworthy products, protect users’ assets, and contribute to the healthy and sustainable development of the global crypto industry.”
As the launch of KuCoin EU’s fully compliant platform approaches, EEA users (except in Malta) are encouraged to follow KuCoin EU’s official announcements for timely updates and early access information. EEA users can no longer register or log in to KuCoin Global’s platform. The MiCAR license not only marks a new chapter for KuCoin in Europe, but also an important step towards a more transparent, trustworthy and regulated future for digital assets worldwide.
Information about KuCoin EU
KuCoin EU Exchange GmbH is a licensed European company established to provide digital asset services to users throughout the European Economic Area (EEA* excluding Malta). KuCoin EU is authorized by the Austrian Financial Market Authority (FMA) as a crypto asset service provider (CASP) under the Regulation on Markets in Crypto Assets (MiCAR) and is permitted to provide regulated services, including the custody and management of crypto assets, crypto asset trading services (crypto-fiat and crypto-crypto), the placement of crypto assets and transfer services on behalf of customers.
KuCoin EU is headquartered in Vienna and operates in accordance with the applicable EU legal framework, including MiCAR requirements regarding transparency, market integrity and investor protection.
KuCoin EU is not an operator of a crypto asset trading platform and does not offer investment advice
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