Home KuCoin Gains EU-wide Approval Under MiCA

KuCoin Gains EU-wide Approval Under MiCA

Share
KuCoin Gains EU-wide Approval Under MiCA | 3verseTV
News
Share

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.

Share
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.

Leave a comment

Leave a Reply

Latest News

Lido Launches Stablecoin Yield Product For DeFi Users
News

Lido Launches Stablecoin Yield Product For DeFi Users

Lido, the largest liquid staking protocol on the Ethereum network, is expanding its services beyond Ether with the launch of a new...

Eightco Shares Jump After Funding And Major AI Investments
News

Eightco Shares Jump After Funding And Major AI Investments

Following the company’s announcement of $125 million in fresh capital commitments and substantial investments in AI- and cryptocurrency-related businesses, Eightco Holdings shares...

Crypto Accounting Firm Cryptio Raises $45M In Series B Funding
News

Crypto Accounting Firm Cryptio Raises $45M In Series B Funding

Even as financial institutions continue to expand their involvement in the crypto industry, Cryptio, a company developing accounting software for digital assets,...

South Korea Plans AI System To Track Crypto Tax Compliance
News

South Korea Plans AI System To Track Crypto Tax Compliance

As it gets closer to imposing taxes on gains from digital assets, South Korea is getting ready to implement artificial intelligence techniques...

Latest Blogs

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds, share your bank details along with a one-time password (OTP)...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth, and accomplishments are meaningless without good health. Nothing is more...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM) to withdraw money? Well, with the advent of Unified Payments...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons about Bitcoin and saving money. He said Bitcoin is like...

Related Articles

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds,...

Healthcare Will Never Be The Same, Thanks To Blockchain

We have all heard this famous saying, “Health is Wealth’. Success, wealth,...

AI-enabled Fraud Detection In Digital Finance

Do you remember the last time you used an Automated Teller Machine(ATM)...

“Bitcoin Hi Bhavishya Hai?” A Latest Statement Of Michael Saylor About BTC

Key Takeaways In the Sujal Show podcast, Michael Saylor shared easy lessons...