KuCoin has launched its crypto exchange in Thailand, marking the debut of its first locally licensed platform under the KuCoin brand.
The platform is licensed by Thailand’s Securities and Exchange Commission and is now available to all eligible users after an initial invite-only phase.
The exchange integrates KuCoin’s global technology, adapted to meet the needs and preferences of Thai users.
It supports Thai Baht on-ramp and off-ramp options and complies with international security standards, backed by KuCoin’s SOC 2 Type II and ISO 27001 certifications.
Thailand remains one of Southeast Asia’s fastest-growing markets for digital assets, supported by progressive regulations and government initiatives.
In 2023, around 13 million people, or roughly 18 percent of the population, were reported to use cryptocurrency.
Thailand is also preparing to allow tourists to spend crypto through credit card integrations.
“We are thrilled to see the official launch of KuCoin Thailand, a significant milestone in our global compliance journey. At KuCoin, compliance and user security have always been guiding principles — not just strategic choices, but steadfast commitments to our users.
From being the first global exchange to register with India’s FIU to now launching the first local compliant platform in Thailand, this marks a significant step toward strengthening our presence in the fast-growing markets of South East Asia, and more importantly, bringing secure, accessible crypto services to users where they are.”
said BC Wong, CEO of KuCoin.
Featured image: Edited by Fintech News Singapore, based on image by thanyakij-12 via Freepik
