Ah, dear reader, gather ’round as we unveil the latest spectacle in the grand theater of finance! KuCoin, that audacious purveyor of digital delights, has officially launched its fully licensed crypto exchange in the enchanting land of Thailand. Yes, you heard it right! The first locally regulated platform under the illustrious KuCoin banner has graced us with its presence. 🎉
In a move that could only be described as a masterstroke, KuCoin has unfurled the curtains on KuCoin Thailand, a digital asset trading platform that operates under the watchful eye of Thailand’s Securities and Exchange Commission. After a rather exclusive invite-only pilot phase—because who doesn’t love a little elitism?—the gates are now flung wide open for all eligible users in the Land of Smiles. 😄
But wait, there’s more! This launch is not just a mere formality; it heralds the arrival of the first fully licensed local exchange under the KuCoin brand. With regulatory approval in hand, it offers a delightful buffet of crypto-to-crypto trading and fiat integration, including the ever-popular Thai Baht on-ramp and off-ramp services. Who knew trading could be so… accommodating?
Our tale takes a twist as KuCoin officially waltzed into Thailand’s regulated crypto market following an announcement on April 23. This was the day when ERX Company Limited—Thailand’s first SEC-supervised crypto exchange—decided to don a new costume and rebranded itself as KuCoin Thailand. The transition, effective April 22, was as smooth as a well-rehearsed ballet, migrating all existing ERX users and introducing the KuCoin TH app for Android and iOS. Bravo! 👏
Now, let’s not forget that Thailand’s crypto sector is a bustling bazaar, one of the most active in Southeast Asia, thanks to progressive regulation and a growing appetite for digital assets. KuCoin has joined a competitive field that includes eight other SEC-licensed exchanges, such as Bitkub, Upbit, Gulf Binance, and a few others that sound like they belong in a sci-fi novel. Despite the tightening of regulations and restrictions on crypto payments, the interest in trading remains as high as a kite on a windy day. 🪂
And as if that weren’t enough, KuCoin has set its sights on Europe, seeking to secure a Markets in Crypto-Assets license. In February, the exchange submitted an application in Austria, aiming to gain approval to operate throughout the European Union. Because why not conquer the world, one crypto exchange at a time? 🌍
Read More
2025-06-13 12:27