Vienna, February 20, 2025 / Prnewswire / – Kucoin, a world -renowned cryptocurrency exchange, announced that KUCOIN EU Exchange GmbH is submitting a Micar license application in Austria. This application emphasizes KUCOIN’s promise to meet the presence in the EU/EEA region and meet the highest regulations.
Through the Micar license, KUCOIN EU will provide services to customers from 30 EU and EEA member states to guarantee consistent access to encryption products and services under powerful regulatory frameworks. This initiative matches Kucoin’s vision to foster transparency, trust and responsibility when managing the best digital asset services in its class, providing a trading platform that is safe and observed for users.
KUCOIN EU established its headquarters in Vienna, Austria, indicating the city as a strategic hub for all European activities and actively hiring talent for operation. The decision to select Austria was mainly led by the timely implementation of a great talent pool, as well as law, stable and predictable regulatory environments. KUCOIN EU recognizes Austria’s efforts led by Vienna, and creates transparent, efficient and highest frameworks that can be operated by encryption businesses, protecting investors’ interests in the financial sector and encouraging innovation.
KUCOIN’s CEO, BC WONG, referred to the establishment of the EU hub, “As a leading encryption exchange worldwide, we put the regulations and user experience at the forefront of the mission. Today I announce the establishment of a new EU hub in Vienna and Kucoin EU is going to submit a MICAR application in Austria. This is an important milestone in a firm dedication to implement strategies that are observed worldwide. If we receive the Micar license, we will enter the EEA market, which is considered strategically important. We are ready to provide better service to local users with more convenient, safer and more local products and experiences by developing efforts to compliance with regulations. We are dedicated to growing the global digital asset ecosystem that is transparent, responsible and sustainable. ”
The former legal adviser and executive director of Bitpanda, Oliver Stauber and the veteran of the European cryptographic industry, and former CEO of seasonal financial management, who have legal backgrounds, have been appointed executive director of KUCOIN EU. Exchange GmbH. STAUBER and NIEDERMUELLER have a wide range of expertise in managing financial market regulations and encryption exchange, and strengthen KUCOIN’s main positions, guaranteeing successful and regulatory compliance business operations in the EU and EEA.
“I am happy to start this journey as a CEO of Kucoin EU. We will innovate the encryption environment of the EU and EEA through innovative products and services. Our mission is clear in Kucoin EU. It is to create a provider of premiere and regulatory encryption asset services in Europe. We are pleased to announce that we will apply for Micar license in Austria. When the Micar license is received, the EU’s FINTECH Arena is doing its best to provide safe and complying with trust and innovation, and to provide state -of -the -art encryption solutions. Prepare a new era with encryption! ” -Oliver stauber, CEO of KUCOIN EU
“I am very happy to bring Kukoin to the next level from Europe after expanding another European exchange and holding toes in the digital asset industry for more than nine years. We have a fantastic local team, we have sophisticated local operations and product settings, and aims to greatly strengthen our brand awareness for the next few years. Since I have been a Kukoin customer since early 2017, I couldn’t be proud of supporting Kuco in this stage. ” -Kucoin EU’s COO, Christian Niedermueller
When KUCOIN EU is given a Micar license, Kucoin EU is well known for providing services to European users and can comply with EU regulations by providing access to a wide range of digital assets. The company’s long -term vision includes contributing to the extensive adoption of blockchain technology and strengthening the location of the EU as a leader in the Global Crypto ecosystem.
When KUCOIN steps on this stage, the exchange focuses on promoting innovation and trust in digital asset space while adjusting the global regulatory framework and operation.
About KUCOIN EU
KUCOIN EU Exchange GmbH, headquartered in Vienna, Austria, is trying to build a digital asset brokerage completely compliant under the Micar framework. Kucoin EU aims to provide safe and innovative encryption products and services to customers in EEA (European Economic Area) by utilizing KUCOIN’s advanced technology and fostering respected KUCOIN brands.
KUCOIN EU Exchange GmbH currently does not provide any service at the EU/EEA, and starts operating when it receives an appropriate license.
About KUCOIN
Founded in 2017, KUCOIN is one of the most recognized pioneers and the most recognized technology platforms that support the digital economy, based on the powerful basis of state -of -the -art blockchain infrastructure, liquidity solution and excellent user experience. KUCOIN offers comprehensive digital asset solutions from wallets, trading, asset management, payment, research, ventures and AI driving bots through the connected user base that exceeds 33 million people worldwide.
KUCOIN was acclaimed as “Best Crypto Apps & Exchanges” of Forbes, and was recognized as Hurun’s “TOP 50 Global Unicorns” in 2024, which reflects the devotion to user -centered principles and core values, including integrity. Responsibility, cooperation and constant pursuit of excellence.
Kucoin has no licenses in EU/EEA and does not actively provide the service of EU/EEA.
KuCoin EU Files MiCAR Application in Austria to Ensure Compliant EEA Operations