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KuCoin Gains EU-wide Approval Under MiCA

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KuCoin Gains EU-wide Approval Under MiCA | 3verseTV
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KuCoin has obtained a Markets in Crypto-Assets (MiCA) license in Austria, granting it permission to offer regulated digital asset services across 29 countries in the European Economic Area. Issued to KuCoin EU Exchange GmbH, the approval signifies the platform’s full alignment with the European Union’s unified crypto regulatory framework, which came into effect in December 2024.

The MiCA rulebook requires crypto service providers to follow strict capital adequacy norms, maintain segregated customer funds, provide transparent disclosures, and secure authorization from national regulators.

KuCoin CEO BC Wong called the achievement a defining moment in the company’s global compliance roadmap. The approval follows KuCoin’s recent registration with Australia’s AUSTRAC and forms part of its broader “$2 billion Trust Project” aimed at boosting transparency and security.

The exchange has adopted several international security standards, including SOC 2 Type II, ISO 27001:2022 and ISO 27701, and conducts independent proof-of-reserves audits. KuCoin said compliance will remain central to its mission of providing safe and accessible digital asset services worldwide.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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