Tag: KuCoin

KuCoin EU Applies for MiCAR License to Expand Operations in Austria & EEA

KuCoin EU is setting up in Vienna, Austria, to expand across the EEA with a MiCAR license. With top crypto execs onboard, they’re pushing for secure, compliant, and innovative crypto services in Europe.



KuCoin is taking big steps in Europe! The global crypto exchange is applying for a MiCAR license in Austria to expand its services across all 30 EU and EEA countries. With this license, KuCoin EU will offer secure, trustworthy crypto services that comply with European regulations.

Austria’s Vienna was selected as the European headquarters for KuCoin due to its firm legal landscape, clear crypto regulations, and accessibility of elite personnel. KuCoin is also conducting recruitment efforts in order to have a solid regional team.

KuCoin EU will abide by all laws when it comes to providing leading digital asset solutions, CEO BC Wong announced. Under the MiCAR license, users in the EU will receive secure and localized crypto services from KuCoin.

For this project, KuCoin has appointed Oliver Stauber (former Bitpanda) and Christian Niedermueller (former CEO of a cryptocurrency exchange) as Managing Directors, with exhaustive experience in finance and law, including aspects that guarantee compliance and growth within Europe.
Both these MDs, after the approval, will enhance the EU’s presence in the international crypto markets, accelerate blockchain adoption while assuring transparency, security, and innovation.

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KuCoin Unveils KuCoin Pay to Strengthen Ties with Retail Users

KuCoin launches KuCoin Pay, which will make crypto payments as smooth as possible for retail at low fees, 54+ cryptos, and the ease of a QR code.



KuCoin, one of the largest crypto exchanges with over 37 million users, has just introduced its latest point-of-sale system, KuCoin Pay. The goal? Make paying with crypto as easy as tapping your phone. This is all about tugging crypto closer to mainstream retail and everyday use.

KuCoin Pay enables online and offline acceptance of 54+ cryptocurrencies to ensure a seamless, borderless, and low-fee experience. Designed to work in tandem with KuCoin’s giant global network, near-instant settlements are possible. For businesses, it’s super easy to set up-just plug it into your existing setup. Shoppers pay by scanning the QR code or using the KuCoin app, making crypto payments feel super familiar.

It doesn’t stop at retail stores, though: KuCoin Pay also covers stuff like purchasing gift cards and topping up mobile balances, giving crypto even more real-world utility. With an already huge user base, KuCoin is also helping businesses connect with millions of potential customers.

While it remains to be seen just how successful the service will be based on business and user adoption, KuCoin Pay is a pretty bold leap into mainstream crypto adoption. Suffice it to say, KuCoin is going all-in with making digital assets a core part of life. Want in? For all the deets, head to the KuCoin Pay site.

Also Read: Crypto Hope: Syria Weighs Bitcoin to Rebuild Its Economy

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