Cryptocurrency platform KuCoin has announced plans to obtain a MiCAR license in Austria, enabling them to offer crypto services in 30 EU and EEA countries.
KuCoin EU's Planning and Objectives
KuCoin EU has selected Vienna as its European headquarters due to its stable legal environment and access to top talent. The MiCAR license will enable the company to provide digital asset services safely according to EU regulations. KuCoin's CEO, BC Wong, affirmed the company’s commitment to complying with regulations and enhancing user experience.
Executive Appointments
Oliver Stauber and Christian Niedermueller have been appointed as Managing Directors of KuCoin EU. Both hold backgrounds in law and crypto. Oliver stated, 'I am absolutely thrilled to embark on this journey as the CEO of KuCoin EU, where we are set to revolutionize the crypto landscape in the EU.'
Future Steps and Development Strategies
With the MiCAR license, the company will expand its presence in the EU and EEA markets. KuCoin EU aims to boost blockchain adoption and strengthen the EU's role in the global crypto market while ensuring compliance and trust.
KuCoin EU is set to provide reliable crypto services across Europe under EU regulations, supporting innovation and growth in the digital sphere.
