KuCoin Wins Major EU License as Crypto Exchanges Face High Entry Barriers
KuCoin’s European arm has secured a coveted Markets in Crypto-Assets (MiCA) license from Austria’s Financial Market Authority.
This achievement allows the crypto exchange to operate legally across 29 countries in the European Economic Area, marking a significant milestone in the company’s global expansion strategy.
The license puts KuCoin among just six crypto companies approved by Austria’s regulator. The other approved firms include Bitpanda, Bybit, crypto-friendly Amina Bank, Cryptonow, and FIOR Digital. This exclusive group now has access to serve Europe’s 450 million potential customers under unified regulations. KuCoin already claims over 40 million users across 200 countries globally.
