KuCoin has announced the launch of KuCoin Thailand, providing users with a safe way to trade digital assets in compliance with local regulations.
Launch of KuCoin Thailand
The KuCoin Thailand platform, which previously operated in an invite-only closed testing phase, is now open to all eligible users in Thailand. This means KuCoin has officially entered the Thai market with a fully regulated platform.
License and Regulation
KuCoin Thailand operates under a digital asset business license issued by the Thai Ministry of Finance. The exchange is regulated by the Securities and Exchange Commission (SEC), ensuring its compliance with strict local regulations.
KuCoin's Strategy in the Region
KuCoin's expansion into Thailand reflects the company's strategy to grow its global presence in line with regional regulations. Company representatives noted that the Thai market has strong potential due to the growing interest in cryptocurrencies and blockchain innovations.
The launch of KuCoin Thailand aligns with the country's efforts to develop a digital asset ecosystem with a focus on consumer protection and financial transparency.
