KuCoin EU secures MiCA license for EEA operations
KuCoin EU obtained an Austrian MiCA license to offer regulated digital asset services across 29 EEA countries.Summary
KuCoin EU Exchange GmbH, the European arm of the global crypto exchange KuCoin, has successfully obtained a Markets in Crypto-Assets Regulation (MiCA) license from Austria’s Financial Market Authority. This authorization is crucial as it allows KuCoin EU to legally offer regulated digital asset services, including custody and wallet services, across 29 countries in the European Economic Area (EEA), excluding Malta. The MiCA framework establishes uniform, strict regulatory standards for crypto-asset service providers regarding transparency and supervision, enhancing consumer protections across Europe. This licensing milestone is a key component of KuCoin's broader global compliance strategy, which also recently included registration with AUSTRAC in Australia.
(Source：Crypto Briefing)