KuCoin, a number one worldwide cryptocurrency trade, has introduced that KuCoin EU Trade GmbH is making use of for a MiCAR license in Austria.
With this MiCAR license, KuCoin EU will probably be allowed to supply crypto companies in all 30 EU and EEA international locations in a secure and managed surroundings. The objective is to supply customers with reliable, clear, and secure digital asset companies.
KuCoin EU has chosen Vienna, Austria, as its European headquarters and is actively hiring to construct a robust workforce. Austria was chosen as a result of it has secure authorized circumstances, clear crypto guidelines, and entry to high expertise. KuCoin additionally values Vienna’s efforts to safeguard traders whereas establishing a artistic and safe surroundings for cryptocurrency enterprises.
KuCoin’s CEO, BC Wong, introduced the launch of KuCoin EU’s new headquarters in Vienna and its plan to use for a MiCAR license in Austria. He emphasised that KuCoin is dedicated to following rules and enhancing person expertise.
Getting this license will enable KuCoin to broaden into the EEA market, which is a crucial step in its world technique. KuCoin goals to supply safe, handy, and localized crypto companies whereas constructing a clear and accountable digital asset ecosystem.
Oliver Stauber (former Normal Counsel and Managing Director at Bitpanda) and Christian Niedermueller (former CEO of one other European crypto trade) have been appointed as Managing Administrators of KuCoin EU.
Each have backgrounds in legislation and are seasoned monetary and crypto specialists. They’ll help in ensuring KuCoin EU complies with European legal guidelines and runs successfully within the EU and EEA.
Oliver stated, “I’m completely thrilled to embark on this journey because the CEO of KuCoin EU, the place we’re set to revolutionize the crypto panorama throughout the EU and EEA with modern merchandise and repair.”
He underlined KuCoin EU’s dedication to innovation and regulatory compliance, stating that the corporate intends to hunt a MiCAR license in Austria to supply cutting-edge and secure crypto options.
Christian stated he goals to construct a robust native workforce, improve operations, and develop model consciousness, including that, as a longtime KuCoin person, he’s proud to assist the corporate at this stage.
KuCoin EU will supply crypto companies throughout Europe beneath EU rules as soon as it secures its MiCAR license. The corporate goals to spice up blockchain adoption and strengthen the EU’s position within the world crypto market whereas making certain compliance and belief.
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