KuCoin Secures MiCAR License in Austria, Expands Regulated Services in 29 EEA Countries

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In accordance with Blockchainreporter, KuCoin EU Exchange GmbH, the European arm of KuCoin, has been granted a Markets in Crypto-Assets Regulation (MiCAR) license by Austria’s Financial Market Authority (FMA). The authorization enables the Vienna-based entity to offer regulated digital asset services across 29 countries in the European Economic Area, excluding Malta. KuCoin stated that the MiCAR license is one of the most rigorous regulatory frameworks for digital assets and reinforces its commitment to transparency, market integrity, and investor protection. The company will operate as a Crypto-Asset Service Provider (CASP), offering services such as custody, exchange, and transfer of crypto-assets. KuCoin CEO BC Wong described the approval as a defining moment for the exchange’s Trust and Compliance strategy, aligning with its $2 billion Trust Project. The MiCAR license follows recent regulatory steps, including AUSTRAC registration in Australia. KuCoin also noted that EEA users should follow its EU arm’s official channels for updates, as the KuCoin Global platform will no longer accept new registrations from the region.

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