- KuCoin just dropped a fully licensed crypto exchange in Thailand after taking over and rebranding ERX, all under the watch of the SEC.
- The new platform now supports Thai Baht and brings high-level security, fully geared towards Thai users and their needs.
KuCoin just went live in Thailand with its fully licensed exchange, officially launching KuCoin Thailand and becoming the first crypto platform to operate under its own name with full regulatory approval in the country. The exchange is now open to eligible users and runs under the tight eye of Thailand’s Securities and Exchange Commission (SEC), marking a huge step forward not just for KuCoin, but for the entire crypto scene in the region.
KuCoin’s Smart Move in Thailand
While most exchanges have to sit tight and wait around for brand-new licenses, KuCoin skipped the line by tapping into ERX’s existing SEC approval. That move let them hit the ground running and stay fully in line with Thai regulations from day one. It’s a classic KuCoin play, blending their global setup with smart, locally timed compliance to make expansion smoother.
KuCoin Thailand was built with local users in mind, bringing together the power of a global exchange with features that actually make sense for Thai traders. One of the biggest highlights is that we can now deposit and withdraw Thai Baht directly through the platform, thanks to proper fiat on-ramp and off-ramp support. KuCoin Thailand was built with local users in mind, bringing together the power of a global exchange with features that actually make sense for Thai traders.
Thailand’s Friendly Crypto Rules Give KuCoin a Real Edge
Thailand’s SEC has been pretty progressive when it comes to crypto, putting rules in place that actually balance innovation, investor safety, and transparency. On top of that, the government’s been backing crypto-friendly tourism, even rolling out systems where tourists can pay with crypto-linked cards without any hassle. That kind of support gives platforms like KuCoin a serious edge in the region.
With eight SEC-approved exchanges already up and running in Thailand, like Bitkub, Upbit, and Gulf Binance, KuCoin’s got some serious competition. If it plays those moves right and keeps adding local features, it’s got a real shot at carving out a solid spot in the Thai market.
KuCoin’s move into Thailand is part of a bigger plan to lock down spots in fully regulated markets. Right now, they’re chasing a MiCA license in Austria, which could open the door to trading across the entire EU. That, paired with the company recently owning up to some legal heat elsewhere, shows they’re clearly shifting gears toward playing by the rules long-term. Regulators and users around the world will definitely be watching how that plays out.
