TLDR
- KuCoin has launched a fully regulated cryptocurrency exchange in Thailand.
- The exchange received a license from Thailand’s Securities and Exchange Commission.
- KuCoin entered the Thai market by acquiring the SEC-supervised platform ERX Company.
- The platform was rebranded as KuCoin Thailand and is now officially registered.
- KuCoin Thailand currently offers spot trading and Thai baht fiat services.
KuCoin has officially launched a fully licensed cryptocurrency exchange in Thailand, establishing a local presence under full regulatory approval. The company completed the acquisition of ERX Company and rebranded it as KuCoin Thailand. This move marks a major step in its global strategy to meet compliance requirements and expand regionally.
The exchange is fully licensed by Thailand’s Securities and Exchange Commission and registered with the Ministry of Commerce. KuCoin Thailand began operations after securing regulatory approval and migrating existing ERX users to its updated platform. It now operates as a fully regulated digital asset exchange under local law.
The company aims to align with Thailand’s growing digital economy while offering a secure environment for digital asset trading. KuCoin intends to support the country’s adoption of digital assets through regulated services. It also complies with global security standards, holding both SOC 2 Type II and ISO 27001 certifications.
KuCoin Expands with Spot Trading and Fiat Services
KuCoin Thailand currently offers spot trading and Thai baht fiat on/off-ramp services tailored to the local market. The platform operates under strict regulatory guidelines and supports secure asset transfers. KuCoin has stated it will expand services based on local demand and compliance rules.
The company confirmed its plan to grow its offerings while fully complying with Thai regulations. It will evaluate future product rollouts in alignment with local financial authorities. KuCoin ensures transparency and security remain central to its regional strategy.
The local platform benefits from government support for crypto-related services and payment integrations. KuCoin intends to capitalize on upcoming plans to allow crypto payments for tourism-related sectors. The company will explore credit card-based crypto payment solutions as demand increases.
Thailand Becomes Regional Focus for KuCoin
Thailand’s regulatory clarity and digital economy growth made it a strategic choice for KuCoin’s regional expansion. The country’s support for blockchain innovation influenced the decision to establish operations locally. KuCoin recognized the opportunity to offer regulated services in a fast-growing digital market.
Eight other licensed crypto exchanges operate under Thai regulations. KuCoin joins this group by offering a fully regulated and rebranded platform, strengthening its competitive positioning in Southeast Asia’s crypto market.
By acquiring and transforming ERX Company, KuCoin gained immediate market entry with full licensing. It now focuses on user growth and service improvement under a compliant operational framework. KuCoin will monitor market changes and adjust its local approach as needed.
