KuCoin EU Exchange GmbH, the entity that operates KuCoin EU, is applying for a Markets in Crypto-Assets Regulation (“MiCAR”) license in Austria to operate as a fully compliant crypto-asset service provider in the EU/EEA.
The company expects this license to allow it to leverage KuCoin’s technology and brand to offer secure crypto products in the European market.
KuCoin announced that KuCoin EU Exchange GmbH is in the process of filing an application for a MiCAR license in Austria. The company described this move as part of its commitment to regulatory compliance and expansion in the EU/EEA region.
The MiCAR license will allow KuCoin EU to serve customers across all 30 EU and EEA member countries, ensuring access to crypto products under a unified regulatory framework. KuCoin said this aligns with its goal of providing transparency, trust, and accountability in digital asset services.
KuCoin EU will establish its headquarters in Vienna. The company called the city a strategic hub for European crypto operations due to its regulatory framework and access to talent. KuCoin cited Austria’s efforts in building a clear and efficient regulatory environment for crypto businesses.
KuCoin CEO BC Wong said, “As a globally leading crypto exchange, we place compliance and user experience at the forefront of our mission. Today, I am proud to announce the establishment of our new EU hub in Vienna and that KuCoin EU intends to file for a MiCAR application in Austria. This marks a significant milestone in our steadfast commitment to executing a global, compliant strategy. Upon receiving a MiCAR license, we will enter the EEA market, which we deem strategically important. By advancing our compliance efforts, we are poised to better serve local users with more convenient, secure, and seamlessly localized products and experiences. We remain dedicated to fostering a transparent, responsible, and sustainable global digital asset ecosystem.”
KuCoin EU appointed Oliver Stauber as CEO and Christian Niedermüller as COO. Stauber previously worked as General Counsel and Managing Director at Bitpanda, while Niedermüller served as CEO of another European digital asset exchange. KuCoin said both bring financial and regulatory expertise to ensure compliance with European crypto laws.
Stauber said, “I am absolutely thrilled to embark on this journey as the CEO of KuCoin EU, where we are set to revolutionize the crypto landscape across the EU and EEA with innovative products and services. At KuCoin EU, our mission is clear: to create Europe’s premier, regulatory-compliant crypto asset service provider. We are excited to announce that we will apply for a MiCAR license in Austria. Upon receiving the MiCAR license we are committed to delivering secure, compliant, and cutting-edge crypto solutions that will redefine trust and innovation in the EU’s fintech arena. Get ready for a new era in crypto!”
Niedermüller said, “After having scaled up another European exchange and having my toes in the digital asset industry now for more than 9 years, I am very happy to help bringing KuCoin to the next level in Europe. We aim to build a fantastic local team, have a sophisticated localized operational & product setup and also strengthen brand awareness massively in the years to come. Being a KuCoin customer myself since the very beginning in 2017, I couldn’t be prouder to support KuCoin now at this stage.”
Once KuCoin EU secures a MiCAR license, the company expects to offer services for European users while complying with EU regulations. KuCoin described this step as part of its long-term vision to expand blockchain adoption and strengthen the EU’s role in the global crypto market.
KuCoin EU Exchange GmbH, based in Vienna, Austria, said it plans to operate as a fully compliant digital asset brokerage under the MiCAR framework. The company does not currently offer services in the EU/EEA and will begin operations only after securing the necessary licenses.
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KuCoin EU Appoints Oliver Stauber And Christian Niedermüller Amid MiCA Application – FinanceFeeds
