KuCoin has officially completed its registration with Australia’s financial intelligence agency, AUSTRAC, marking a major step toward operating fully within the country’s regulatory framework. This milestone comes at a time when Australian authorities are increasing scrutiny on offshore crypto platforms and moving more digital assets under existing financial laws. With regulators tightening expectations around compliance and transparency, KuCoin’s approval positions the exchange to meet Australia’s evolving industry standards.
Australia Tightens Oversight of Crypto Platforms
Regulatory bodies such as ASIC have recently cautioned that a wide range of digital assets—including tokens, stablecoins, and tokenized investment products—may fall under the Corporations Act. If classified as financial products, platforms offering them could be required to obtain appropriate licensing. KuCoin’s AUSTRAC registration places the exchange on stronger legal footing as these rules advance, enhancing user trust and supporting its expansion in one of the Asia-Pacific region’s fastest-growing crypto markets.
KuCoin Partners with Echuca Trading and Expands Local Services
As part of its strategy to deliver more compliant services, KuCoin is teaming up with Echuca Trading, an ASIC-licensed entity, to introduce regulated crypto futures for Australian users. In addition to futures trading, the exchange has rolled out new fiat on-ramp options, enabling seamless deposits in Australian dollars for easier buying and trading of cryptocurrencies. KuCoin also plans to pursue further approvals as it continues to broaden its regulated offerings across Australia.
With stronger oversight, new partnerships, and expanded local features, KuCoin is scaling its presence in Australia while aligning with the country’s push for a safer and more transparent digital asset ecosystem.