KuCoin’s EU arm secures MiCA license in Austria, Malta excluded
PositiveCryptocurrency

- KuCoin's European arm has secured a MiCA license from Austria's Financial Market Authority, allowing it to operate across 29 EEA countries, while Malta is excluded from this license. This achievement marks a significant regulatory milestone for the cryptocurrency exchange in the European market.
- The acquisition of the MiCA license is crucial for KuCoin as it enhances its regulatory compliance and operational capabilities within the European Union, positioning the company to better serve its customers and expand its market presence in a rapidly evolving regulatory landscape.
- This development reflects the broader trend of cryptocurrency exchanges seeking regulatory approval to operate in various jurisdictions, highlighting the ongoing efforts by companies like KuCoin to navigate complex regulatory environments while expanding their global footprint, particularly in regions like Australia where they have also recently established operations.
— via World Pulse Now AI Editorial System

