Cryptocurrency exchange KuCoin has announced that its European subsidiary, KuCoin EU Exchange GmbH, is seeking a Markets in Crypto-Assets Regulation (MiCAR) license in Austria. The license will allow KuCoin EU to provide crypto trading services in all 30 member states of the European Union and the European Economic Area. KuCoin has chosen Austria as its European headquarters due to its well-regulated environment and qualified workforce. The company plans to enhance its infrastructure and compliance in the region while expanding its team of professionals. Christian Niedermueller and Oliver Stauber will lead KuCoin EU Exchange GmbH as COO and CEO, respectively. The acquisition of the MiCAR license will enable KuCoin to establish a secure and regulated platform for European users and further its goal of global dominance in the crypto ecosystem.



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