KuCoin’s European unit has received a Markets in Crypto-Assets Regulation license in Austria. The approval, granted to KuCoin EU Exchange GmbH, allows the company to offer regulated crypto services across 29 countries in the European Economic Area, excluding Malta.
The license requires compliance with MiCA rules, which set a single standard for crypto firms across the bloc and mandate a Crypto-Asset Service Provider license for companies offering exchanges, custodial wallets, advice, and related services.
Legal Basis and Expansion
The approval gives KuCoin a legal basis to operate under the EU’s unified crypto framework. MiCA sets common rules for digital asset firms across the bloc, and the company said it supports its broader compliance expansion.
The firm added that the approval follows its recent registration with AUSTRAC in Australia. It also pointed to expanded compliance systems in several major markets.
BC Wong, KuCoin’s chief executive, called the license a “defining milestone” in its compliance plans. He emphasized that MiCA represents “one of the highest regulatory standards worldwide.”
JUST IN: KuCoin has obtained a MiCA license in Austria.The approval lets it offer regulated crypto services across the full EEA. pic.twitter.com/tVqIxtRz1U
— BeInCrypto (@beincrypto) November 28, 2025
User Transition in the EEA
The company also referenced its security certifications and ongoing proof-of-reserves audits as part of its risk controls.
KuCoin said that users in the EEA, except Malta, will be served through its EU platform. New registrations on the global platform will no longer be available for EEA users and further updates will be shared through official announcements.
Coinbase, Bybit, and Other Exchanges Secure MiCA Approval
Other crypto exchanges have also obtained MiCA licenses to operate across the European Economic Area. Kraken launched services in all 30 EEA countries, while Coinbase and Bybit hold full approvals. Crypto.com has received an in-principle license.
Kraken’s entity is authorized by the Central Bank of Ireland, allowing it to serve EEA clients directly under the unified MiCA framework.
This article was written by Tareq Sikder at www.financemagnates.com.
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