KuCoin EU Moves to Secure MiCAR License For European Expansion: Details

KuCoin EU Exchange has announced its application for a Markets in Crypto-Assets Regulation (MiCAR) license in Austria. This move is aimed at securing regulatory approval to operate as a compliant crypto-asset service provider across the European Economic Area (EEA).

The MiCAR framework, which became fully operational in December 2024, establishes a standardized regulatory structure for digital asset providers in the European Union. If granted the license, KuCoin EU will be authorized to offer its crypto products and services across all 30 EU and EEA member countries.

KuCoin EU Applies for MiCAR License in Austria

In a recent blog post, KuCoin confirmed that it has begun the process of filing for a MiCAR license in Austria. The approval would allow KuCoin EU to expand its services within a fully regulated framework, ensuring compliance with European standards.

KuCoin EU, a subsidiary of the global crypto exchange KuCoin, will establish its headquarters in Vienna. Austria was selected due to its transparent regulatory environment and the timely adoption of MiCAR rules. The country has positioned itself as a leading hub for digital asset businesses.

Once the license is secured, the top cryptocurrency exchange will operate across the entire EU and EEA, offering its crypto services while adhering to strict compliance requirements. The MiCAR framework provides a unified legal structure, allowing firms to offer their services within the region.

Vienna Chosen as Strategic Hub

KuCoin has selected Vienna as the headquarters for its European operations. The company cited Austria’s progressive regulatory approach and strong talent pool as key factors in this decision.

By establishing itself in Vienna, KuCoin EU will create a localized operational setup that aligns with European regulations. The company is actively hiring professionals to support its expansion, strengthening its presence in the region.

Additionally, the most recent stablecoin issuer approvals under MiCA excluded Tether, despite its $141 billion market capitalization. This has led to delistings of USDT for EU-based users as the region enforces stricter regulatory compliance.

Experienced Leadership to Oversee Operations

Moreover, KuCoin EU has appointed experienced industry professionals to lead its European expansion. Oliver Stauber will serve as CEO, bringing expertise in financial market regulations. He previously held leadership positions in European digital asset exchanges.

The crypto exchange has appointed Christian Niedermüller as COO, leveraging his extensive experience. He has been active in the digital asset industry for over nine years and has a deep understanding of the European crypto market.

COO Christian Niedermüller added, 

“I am very happy to help bring 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.”

Both executives will focus on ensuring crypto exchange compliance with MiCAR regulations while driving business growth. Their leadership will support the company’s mission to provide secure and innovative crypto solutions in Europe.

Once KuCoin EU receives its MiCAR license, it will offer crypto services across the EU/EEA, expanding its user base while complying with European regulations. The top crypto exchange continues to focus on regulatory compliance as part of its global strategy.