Global Stock News

KuCoin Australia’s ‘Evolution’ Showcases Regulatory Focus, Mastercard Launch

KuCoin Australia’s ‘Evolution’ Showcases Regulatory Focus, Mastercard Launch

In brief

  • Crypto trading platform KuCoin is building out its presence in the Australian market through regulated compliance and new products.
  • With recent research finding that some 22% of Australians now hold digital assets, the firm has launched crypto debit card KuCard in Australia, enabling users to make direct payments through Mastercard’s global network.
  • Initially launched as a virtual card, KuCard enables transactions to be completed using $USDC, with 37 trading pairs involving the stablecoin accepted at launch.

Crypto trading platform KuCoin is betting big on Australia, ramping up investment and unveiling new products designed to help consumers use digital assets for their everyday purchases.

According to the firm’s…

Source link

Share this article

Scroll to Top