Cryptocurrency exchange KuCoin has announced that its European subsidiary, KuCoin EU Exchange GmbH, has applied for a Markets in Crypto-Assets (MiCA) license in Austria. This move will allow KuCoin to offer regulated crypto services across 30 EU and EEA countries, ensuring compliance with strict European regulations.
Strategic Expansion in Europe
KuCoin CEO BC Wong emphasized that opening a new office in Vienna and applying for the MiCA license are crucial steps in the company’s global strategy to strengthen regulatory compliance and enhance user experience.
Why Vienna?
🔹 Austria offers a progressive regulatory framework for crypto businesses
🔹 Access to highly skilled professionals in crypto and fintech
Leadership & Next Steps
The new KuCoin EU division will be led by experienced industry professionals:
✔ Oliver Stauber (CEO)
✔ Christian Niedermüller (COO)
If approved, the MiCA license will solidify KuCoin’s presence in Europe, allowing it to compete with other major regulated exchanges in the region.
