KuCoin, a prominent global cryptocurrency exchange, today announced the official launch of KuCoin Thailand, a fully licensed digital token and cryptocurrency exchange now open to all eligible users in Thailand. The platform operates under the stringent supervision of Thailand’s Securities and Exchange Commission (SEC), marking a significant step for KuCoin in its global compliance efforts.
The launch of KuCoin Thailand represents the first fully regulated local digital asset exchange under the KuCoin brand. This milestone aligns with KuCoin’s overarching mission to establish fast, secure, and user-friendly infrastructure for crypto users worldwide. The company further solidified its commitment to high security and regulatory compliance with its recent SOC 2 Type II and ISO 27001 certifications.
KuCoin Thailand leverages KuCoin’s advanced global technology, meticulously adapted to cater to the specific needs and preferences of Thai users. The platform emphasizes robust security, intuitive design, and a localized user experience, aiming to set a new benchmark for digital asset engagement in Southeast Asia. Additionally, it offers seamless Thai Baht fiat on-ramp and off-ramp solutions, simplifying access to cryptocurrency for local users.
BC Wong, CEO of KuCoin, commented on the launch: “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 Southeast Asia, and more importantly, bringing secure, accessible crypto services to users where they are.”
Thailand continues to be a leader in cryptocurrency adoption within Southeast Asia, supported by progressive regulations and strong government backing. In 2023, approximately 13 million Thais, representing about 18% of the population, were actively using cryptocurrency. Looking ahead, the Thai government is also preparing to enable tourists to utilize crypto for payments through credit card integrations, further enhancing the country’s digital asset ecosystem.