Kucoin Secures MiCAR License for Europe-Wide Crypto Services

CN
1 hour ago

Kucoin EU has received regulatory approval under the EU’s Markets in Crypto-Assets Regulation (MiCAR), allowing it to legally operate and offer compliant digital asset services across 29 nations within the European Economic Area. The license, issued in Austria, positions Kucoin among the first major global exchanges to secure authorization under what is widely considered the world’s most comprehensive digital asset regulatory framework.

The approval marks a defining step in Kucoin’s worldwide compliance expansion. It follows recent milestones, including AUSTRAC Digital Currency Exchange registration in Australia earlier this month, and ongoing upgrades to the company’s compliance and risk-management systems across multiple jurisdictions.

MiCAR introduces a unified rulebook to govern digital asset service providers, emphasizing transparency, consumer protection, operational resilience, and standardized oversight. By earning authorization through its EU entity, Kucoin strengthens its credibility in one of the most strictly regulated markets while offering users a consistent and secure trading environment.

BC Wong, CEO of Kucoin, commented: “Securing the MiCAR license with our local entity in Austria is a defining milestone in Kucoin’s long-term Trust and Compliance strategy. Europe’s MiCAR framework represents one of the highest regulatory standards worldwide, and we are proud to meet this benchmark.”

Read more: Kucoin Invests in Australia With New Office and Local Leadership

Kucoin’s trust infrastructure includes a $2 billion Trust Project, industry-recognized certifications such as SOC 2 Type II, and recurring Proof-of-Reserves audits. Together, these measures aim to provide users with high-assurance access to digital asset markets under a fully auditable framework.

As Kucoin EU prepares to launch its MiCAR-compliant platform, users across the EEA, excluding Malta, will transition away from onboarding through Kucoin Global. This will cement Kucoin’s regulatory standing in Europe.

FAQ🚀

  • What does the MiCAR license allow Kucoin to do?
    It permits Kucoin EU to offer regulated digital asset services across 29 EEA countries.
  • Where is Kucoin EU licensed?
    Its authorization was granted in Austria under MiCAR.
  • Can EEA users still register on Kucoin Global?
    No, new registrations must occur through the upcoming Kucoin EU platform.
  • Why is this license significant?
    MiCAR is one of the world’s strictest crypto frameworks, giving Kucoin enhanced regulatory credibility.

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