KuCoin Registers with AUSTRAC, Partners with Echuca Trading

KuCoin, a prominent cryptocurrency exchange, has registered with AUSTRAC, enabling legal digital currency exchange services in Australia. This move aligns with regulators efforts to bring cryptocurrency activities under existing financial services laws. KuCoin is partnering with Echuca Trading to integrate its crypto futures products into a regulated framework for Australian users. The exchange has also introduced new fiat on-ramp support, enhancing accessibility. This development reflects a growing trend of cryptocurrency exchanges seeking formal recognition and compliance in various jurisdictions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.