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Which CEX secured MiCA license?

Published 275 words 2 min read

TLDR

KuCoin EU secured a MiCA license in Austria, enabling regulated services across the European Economic Area per an exchange update covered in media.

  1. The license allows passporting across 29 EEA countries (excluding Malta) per a report.
  2. Bybit previously obtained Austrias MiCA authorization, as noted in a news brief.

Deep Dive

1. KuCoin EU MiCA License

KuCoin EU was authorized under MiCA by Austrias Financial Market Authority to offer regulated crypto services across the EEA. Coverage explicitly includes passporting, with Malta excluded in the current setup per the report.

  1. Media note that EEA users will be transitioned to KuCoins EU platform and new registrations via the global platform will stop for EEA residents, aligning operations to MiCA norms per a news article.
  2. Additional coverage confirms Austria as the licensing venue and highlights the passporting mechanism under MiCA in the EEA per an update.
What this means

If you use KuCoin in the EEA, expect service under a dedicated EU platform with MiCA-standard compliance and consumer protections.

2. Other CEX Licenses

Bybit previously secured a MiCA license in Austria, signaling that large exchanges are aligning with MiCAs unified framework for European market access per a brief.

  1. The MiCA framework allows a single-country license to passport services broadly across the EEA, encouraging exchanges to choose jurisdictions that move quickly on implementation per the coverage.
What this means

Expect more CEXs to formalize MiCA authorization to serve the EEA uniformly, consolidating compliance and easing cross-border access for users.

Conclusion

KuCoin EU is the latest major exchange to secure a MiCA license in Austria, with EEA-wide passporting baked into the framework. This underscores the shift toward standardized European crypto oversight and suggests continued licensing momentum among large CEXs.

Educational information only. Crypto markets are volatile and this is not financial advice.


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