KuCoin, through its European subsidiary KuCoin EU Exchange GmbH, has obtained a Markets in Crypto-Assets (MiCA) license in Austria. This significant regulatory approval allows the exchange to offer compliant digital asset services across all 29 European Economic Area (EEA) countries.
The authorization marks KuCoin's successful alignment with the European Union's comprehensive MiCA framework, which fully took effect in December 2024. MiCA establishes unified rules for crypto service providers across the EU.
Key Details of the Milestone:
- Scope: The license enables KuCoin EU to "passport" its services, offering trading, custody, and other digital asset services to European users under a single regulatory structure.
- Compliance Standards: MiCA imposes high standards, including capital adequacy, segregation of customer assets, and robust disclosure obligations. KuCoin CEO BC Wong called the framework "one of the highest regulatory standards worldwide."
- Global Expansion: This European success is part of KuCoin's broader "$2 billion Trust Project," following its recent registration as a Digital Currency Exchange with Australia's AUSTRAC in November.
- Security Focus: KuCoin emphasized that compliance is foundational to its mission, noting its existing security certifications (SOC 2 Type II, ISO 27001, etc.) and third-party proof-of-reserves audits.
By securing this MiCA authorization, KuCoin EU joins major exchanges like Coinbase, Kraken, and Bitstamp that have also ensured compliance as the regulation's deadline prompted platforms to either gain approval or exit the European market.
December 2025, Cryptoniteuae