KuCoin enters the Thai market with a fully licensed exchange after acquiring ERX, Thailand’s first SEC-supervised digital token platform.
Cryptocurrency exchange KuCoin has launched a fully regulated local subsidiary in Thailand after acquiring an operational license from the country’s Securities and Exchange Commission (SEC).
KuCoin Thailand is the company’s first fully regulated local digital asset exchange. In a Friday announcement, KuCoin said the launch reflects its commitment to security and compliance, citing its recent SOC 2 Type II and ISO 27001 certifications.
“This marks a significant step toward strengthening our presence in the fast-growing markets of Southeast Asia, and more importantly, bringing secure, accessible crypto services to users where they are,” said KuCoin CEO BC Wong.
