According to ChainCatcher, cryptocurrency exchange Kucoin has announced that its first fully compliant local trading platform, KuCoin Thailand, is now officially open for registration and trading for Thai users.
The platform has obtained regulatory approval from the Thai Securities and Exchange Commission (SEC), supports Thai baht deposits and withdrawals, and provides localized, secure, and user-friendly digital asset services.
Kucoin CEO BC Wong stated that this is an important step in the company's strategic expansion in Southeast Asia, demonstrating its commitment to global compliant operations after registering in India. In 2023, approximately 13 million Thai people use cryptocurrencies, indicating significant market potential. KuCoin Thailand will help more Thai users start their crypto journey and promote the development of the regional digital economy.
