Overview
- KuCoin’s Australian subsidiary is now listed as a Digital Currency Exchange with AUSTRAC, placing the platform under AML and counter‑terrorism financing supervision.
- The exchange has activated local fiat on‑ramps, enabling Australian users to deposit and purchase crypto in AUD through domestic rails.
- A partnership with Echuca Trading, which holds an Australian Financial Services Licence, is designed to bring KuCoin’s crypto futures offerings into an Australian‑regulated structure.
- Registration with AUSTRAC is required for exchanges operating locally but does not constitute a full financial services license under ASIC’s regime.
- KuCoin signaled plans to seek additional designated registrations in Australia after announcing the milestone publicly on X, framing the move as part of a broader compliance build‑out.