The post KuCoin Secures AUSTRAC Registration to Strengthen Its Regulatory Footprint in Australia appeared on BitcoinEthereumNews.com. KuCoin intends to extend its regulated presence in Australia by registering for further authorized services with AUSTRAC. It is a major step toward fortifying the platform’s compliance structure under one of the strongest regulatory frameworks in the world. With the official registration of its subsidiary corporation as a Digital Currency Exchange (DCE) under AUSTRAC, KuCoin, a leading worldwide cryptocurrency platform founded on trust, today announced a significant regulatory milestone in Australia. With this registration, KuCoin is now subject to AUSTRAC’s monitoring for digital currency exchange services, which is a major step toward fortifying the platform’s compliance structure under one of the strongest regulatory frameworks in the world. KuCoin intends to extend its regulated presence in Australia by registering for further authorized services with AUSTRAC as part of its larger compliance strategy. In order to put KuCoin’s cryptocurrency futures business under a regulated framework specifically designed for the Australian market, the platform has confirmed a cooperation with Echuca Trading, a financial services operator having an Australian Financial Services Licence (AFSL) granted by ASIC. KuCoin now supports local currency on-ramps in tandem with its regulatory advancements, giving Australian consumers easier and more legal methods to obtain digital assets. BC Wong, Global CEO of KuCoin, stated: “As a global platform built on trust, securing AUSTRAC registration is a key milestone in strengthening KuCoin’s global compliance architecture. Australia maintains some of the highest standards for digital asset oversight, and our AUSTRAC registration reflects our long-term commitment to operating transparently and responsibly. We will continue investing in robust compliance systems to protect users and support the healthy growth of the Australian digital asset ecosystem.” James Pinch, Australian Managing Director at KuCoin, added: “With AUSTRAC registration and AFSL-backed regulatory framework support, we are raising the bar for how exchanges serve the Australian community. These steps enable us to… The post KuCoin Secures AUSTRAC Registration to Strengthen Its Regulatory Footprint in Australia appeared on BitcoinEthereumNews.com. KuCoin intends to extend its regulated presence in Australia by registering for further authorized services with AUSTRAC. It is a major step toward fortifying the platform’s compliance structure under one of the strongest regulatory frameworks in the world. With the official registration of its subsidiary corporation as a Digital Currency Exchange (DCE) under AUSTRAC, KuCoin, a leading worldwide cryptocurrency platform founded on trust, today announced a significant regulatory milestone in Australia. With this registration, KuCoin is now subject to AUSTRAC’s monitoring for digital currency exchange services, which is a major step toward fortifying the platform’s compliance structure under one of the strongest regulatory frameworks in the world. KuCoin intends to extend its regulated presence in Australia by registering for further authorized services with AUSTRAC as part of its larger compliance strategy. In order to put KuCoin’s cryptocurrency futures business under a regulated framework specifically designed for the Australian market, the platform has confirmed a cooperation with Echuca Trading, a financial services operator having an Australian Financial Services Licence (AFSL) granted by ASIC. KuCoin now supports local currency on-ramps in tandem with its regulatory advancements, giving Australian consumers easier and more legal methods to obtain digital assets. BC Wong, Global CEO of KuCoin, stated: “As a global platform built on trust, securing AUSTRAC registration is a key milestone in strengthening KuCoin’s global compliance architecture. Australia maintains some of the highest standards for digital asset oversight, and our AUSTRAC registration reflects our long-term commitment to operating transparently and responsibly. We will continue investing in robust compliance systems to protect users and support the healthy growth of the Australian digital asset ecosystem.” James Pinch, Australian Managing Director at KuCoin, added: “With AUSTRAC registration and AFSL-backed regulatory framework support, we are raising the bar for how exchanges serve the Australian community. These steps enable us to…

                                                                               BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate.                     BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more