KuCoin Launches Fully Regulated Crypto Exchange in Thailand
Summary
KuCoin has launched a fully regulated subsidiary in Thailand after obtaining an operational license from the country's SEC. This marks KuCoin's first fully regulated local digital asset exchange. The launch underscores KuCoin's commitment to security and compliance, supported by its SOC 2 Type II and ISO 27001 certifications. KuCoin entered the Thai market by acquiring ERX Company, Thailand’s first SEC-supervised digital token exchange, and rebranded it as KuCoin Thailand. Existing ERX users have been migrated to the new platform. Thailand hosts eight other licensed crypto exchanges, and KuCoin plans to leverage the government's initiative to integrate crypto payments for tourists.
