KuCoin Secures MiCAR License in Austria, Expanding EU Crypto Services
KuCoin EU Exchange GmbH has obtained a Markets in Crypto-Assets Regulation (MiCAR) license from Austria's Financial Market Authority (FMA), marking a strategic expansion into the European Economic Area. The approval enables KuCoin to offer compliant digital asset services across 29 countries, excluding Malta, under stringent EU regulatory standards.
The MiCAR framework emphasizes investor protection and market transparency, aligning with KuCoin's recent compliance efforts, including its AUSTRAC registration in Australia. This license positions KuCoin to serve millions of European users with regulated crypto access, reinforcing its commitment to operating within trusted legal regimes.
The MOVE comes as global exchanges face increasing regulatory scrutiny. KuCoin's Austrian foothold signals a broader industry shift toward harmonized compliance, particularly under MiCAR's rigorous requirements for stablecoins, custody, and platform governance.