New compliance move enables regulated operations, local fiat on-ramps, and partnerships for licensed futures offerings
Crypto exchange KuCoin has officially registered with Austrac as a Digital Currency Exchange (DCE), a move that places the platform under formal regulatory oversight in Australia. The registration marks a major step as the country increases scrutiny on offshore trading platforms and pushes crypto firms to comply with existing financial laws.
KuCoin Strengthens Regulatory Footing in Australia
KuCoin’s new DCE status grants it legal permission to offer crypto exchange services within Australia’s regulated framework.
The registration is mandatory for digital currency exchanges operating in the country and signals KuCoin’s intention to deepen its long-term presence.
Regulators have become more assertive in recent months. The Australian Securities and Investments Commission (ASIC) recently noted that many digital assets — including stablecoins and tokenized financial products — may already require licensing under the Corporations Act.
“Australia is making it clear that crypto platforms must operate within the existing financial system. Registration is no longer optional; it’s foundational for access to the market.”
Partnership With Echuca Trading for Regulated Futures
To expand its regulated offerings, KuCoin has entered a partnership with Echuca Trading, an ASIC-licensed financial services provider.
The collaboration aims to introduce crypto futures products under a compliant structure tailored for Australian users.
Industry analysts say this strategy reflects a growing trend of exchanges aligning with licensed entities to meet regulatory expectations.
Fiat On-Ramps Boost Local Accessibility
KuCoin also announced new fiat on-ramp support, simplifying deposits of Australian dollars for users looking to buy and trade crypto.
This upgrade is expected to enhance user onboarding and improve liquidity within the Australian market.
The exchange said it plans to pursue additional registrations as it expands its regulatory footprint, signaling a broader effort to align its global operations with national compliance standards.
KuCoin’s Austrac registration arrives at a pivotal moment for Australia’s crypto landscape. As regulators push for licensing, transparency, and stronger investor protections, exchanges that proactively adapt may secure a competitive advantage. For KuCoin, the move strengthens trust among local users and positions the platform for future regulated product launches in the region.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.