KuCoin EU Gains MiCAR License, Expanding Regulatory Presence in Europe

KuCoin EU, the European arm of the global cryptocurrency exchange, has secured a MiCAR license in Austria, marking its entry into the regulated market across the EU and EEA starting from October 2023. This strategic move aims to expand KuCoin’s reach and enhance its trustworthiness within Europe. The license strengthens KuCoin’s compliance standing, potentially boosting trading volumes of leading cryptocurrencies like ETH and BTC while providing users with enhanced security and increased confidence.