KuCoin has officially launched its crypto exchange in Thailand, branded as KuCoin Thailand.
KuCoin has officially launched its crypto exchange in Thailand, branded as KuCoin Thailand. This venture is operated by ERX Company Limited, which previously held the distinction of being the country's first digital token exchange supervised by the Securities and Exchange Commission (SEC) of Thailand.
The new platform aims to provide a secure and professional trading environment for users in Thailand, combining global trading standards with localized services. As a fully licensed exchange, KuCoin Thailand adheres to the legal and regulatory frameworks established by the Thai SEC, ensuring compliance with the country's digital asset regulations.
This development comes amid heightened scrutiny faced by KuCoin in South Korea, where regulators have blocked access to several unregistered crypto exchanges, including KuCoin.
The company's commitment to compliance and regulatory adherence is highlighted by the establishment of its Thai operations, which is seen as a step toward creating a transparent and reliable trading environment.
KuCoin’s entry into Thailand is viewed as a response to the growing crypto market in the region. The exchange aims to leverage ERX's existing infrastructure and reputation to attract users seeking digital token and crypto services.
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