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KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

Business

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users
Business

Business

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

2025-11-25 15:30 Last Updated At:15:45

SYDNEY, Nov. 25, 2025 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced a major regulatory milestone in Australia with its subsidiary entity officially registered as a Digital Currency Exchange (DCE) under AUSTRAC. This registration places KuCoin under AUSTRAC's formal oversight for digital currency exchange services and marks a significant step in strengthening the platform's compliance framework within one of the world's most robust regulatory environments.

As part of its broader compliance strategy, KuCoin plans to register for additional designated services with AUSTRAC, further expanding its regulated footprint in Australia. The platform also confirmed a partnership with Echuca Trading, a financial services provider holding an Australian Financial Services Licence (AFSL) issued by ASIC, to bring KuCoin's crypto futures business under a regulated structure tailored for the Australian market.

In parallel with its regulatory progress, KuCoin now offers local fiat on-ramp support, providing Australian users with more convenient and compliant pathways to access digital assets.

BC Wong, Global CEO of KuCoin stated "As a global platform built on trust, securing AUSTRAC registration is a key milestone in strengthening KuCoin's global compliance architecture. Australia maintains some of the highest standards for digital asset oversight, and our AUSTRAC registration reflects our long-term commitment to operating transparently and responsibly. We will continue investing in robust compliance systems to protect users and support the healthy growth of the Australian digital asset ecosystem."

James Pinch, Australian Managing Director at KuCoin added "With AUSTRAC registration and AFSL-backed regulatory framework support, we are raising the bar for how exchanges serve the Australian community. These steps enable us to offer safer, smoother fiat access and deliver products that align with the expectations of local users and regulators. Our focus is to build trust through strong compliance foundations and ensure Australians can engage with crypto confidently."

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust, serving over 40 million users across 200+ countries and regions. With established recognition for its reliability, the platform leverages cutting-edge blockchain technology, robust liquidity solutions, and advanced user account protections to deliver a secure trading environment. KuCoin offers access to 1,000+ digital assets and solutions, including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognised by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun. KuCoin holds SOC 2 Type II, ISO 27001:2022, ISO 27701:2025, and CCSS certifications and is committed to security, compliance, and innovation under the leadership of CEO BC Wong. Notably, KuCoin is the only top global exchange to have achieved all four major security certifications, underscoring its industry-leading standards in safeguarding user assets.

Learn more: https://www.kucoin.com/en-au

SYDNEY, Nov. 25, 2025 /PRNewswire/ -- KuCoin, a leading global crypto platform built on trust, today announced a major regulatory milestone in Australia with its subsidiary entity officially registered as a Digital Currency Exchange (DCE) under AUSTRAC. This registration places KuCoin under AUSTRAC's formal oversight for digital currency exchange services and marks a significant step in strengthening the platform's compliance framework within one of the world's most robust regulatory environments.

As part of its broader compliance strategy, KuCoin plans to register for additional designated services with AUSTRAC, further expanding its regulated footprint in Australia. The platform also confirmed a partnership with Echuca Trading, a financial services provider holding an Australian Financial Services Licence (AFSL) issued by ASIC, to bring KuCoin's crypto futures business under a regulated structure tailored for the Australian market.

In parallel with its regulatory progress, KuCoin now offers local fiat on-ramp support, providing Australian users with more convenient and compliant pathways to access digital assets.

BC Wong, Global CEO of KuCoin stated "As a global platform built on trust, securing AUSTRAC registration is a key milestone in strengthening KuCoin's global compliance architecture. Australia maintains some of the highest standards for digital asset oversight, and our AUSTRAC registration reflects our long-term commitment to operating transparently and responsibly. We will continue investing in robust compliance systems to protect users and support the healthy growth of the Australian digital asset ecosystem."

James Pinch, Australian Managing Director at KuCoin added "With AUSTRAC registration and AFSL-backed regulatory framework support, we are raising the bar for how exchanges serve the Australian community. These steps enable us to offer safer, smoother fiat access and deliver products that align with the expectations of local users and regulators. Our focus is to build trust through strong compliance foundations and ensure Australians can engage with crypto confidently."

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust, serving over 40 million users across 200+ countries and regions. With established recognition for its reliability, the platform leverages cutting-edge blockchain technology, robust liquidity solutions, and advanced user account protections to deliver a secure trading environment. KuCoin offers access to 1,000+ digital assets and solutions, including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognised by Forbes as one of the "Best Crypto Apps & Exchanges" and a "Top 50 Global Unicorn" by Hurun. KuCoin holds SOC 2 Type II, ISO 27001:2022, ISO 27701:2025, and CCSS certifications and is committed to security, compliance, and innovation under the leadership of CEO BC Wong. Notably, KuCoin is the only top global exchange to have achieved all four major security certifications, underscoring its industry-leading standards in safeguarding user assets.

Learn more: https://www.kucoin.com/en-au

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

KuCoin Secures AUSTRAC Digital Currency Exchange Registration, Enhances Fiat Access for Australian Users

PUNE, India, April 2, 2026 /PRNewswire/ -- EKA Mobility, a leading electric vehicles and technology company, today announced a strong 5X year-on-year volume growth in FY 2025–26, with 1,143 units sold and 1,344 electric commercial vehicles produced. This milestone comes on the back of the company's comprehensive electric vehicle portfolio across segments. During the year, EKA entered the M&HCV truck segment, in addition to its existing bus and SCV portfolio. The company is a Champion OEM under the Auto PLI Scheme and has achieved certification across multiple platforms.

"FY 2025–26 is a defining year for EKA Mobility. We are not only scaling volumes but also expanding our manufacturing footprint by adding a new plant recently and increasing our planned annual capacity to 10,000 buses, 6,000 trucks and 24,000 SCVs. With the widest range of fully homologated, born-electric platforms from last-mile to long-haul, we are uniquely positioned as a full-stack EV company. Our growth across electric buses, small commercial vehicles, and now trucks validates both market demand and our execution capability.

India's transition to clean commercial mobility is accelerating, and EKA is at the forefront driving this shift at scale, with technology, innovation, and global ambition."

— Dr. Sudhir Mehta, Founder & Chairman, EKA Mobility

Strong Business Momentum Across Segments

  • Electric Bus Leadership:
    Secured wins under PM e-Bus Sewa and PM E-DRIVE; deployed vehicles across 15+ states including Maharashtra, Gujarat, Uttar Pradesh, Karnataka, and Delhi
  • SCV Breakout Year:
    Strong uptake of 3S & 6S passenger vehicles and 3W cargo platforms, accelerating last-mile mobility adoption
  • Electric Trucks:
    New Growth Engine: Entry into heavy-duty trucks contributing to growth and expanding presence in logistics electrification
  • Hydrogen Fuel Cell:
    Deployed a 9-metre hydrogen fuel cell bus at Cochin International Airport with KPIT Technologies and BPCL; plans to deploy 15 more buses

Key Highlights:

Global Expansion:

  • Commenced electric bus deployments in Africa
  • Partnership with Kerchanshe Group for CKD assembly and distribution
  • Agreement with NBFI Capital for manufacturing in Australia

Manufacturing Scale-Up:

  • Two Pune facilities operational; Pithampur plant to be operational shortly
  • Planned annual capacity: 10,000 buses, 6,000 trucks and 24,000 SCVs

Retail Network:

  • Expanded dealership network; plans to add 120 dealerships in FY27

Order Book Visibility:

  • 6,000+ confirmed e-buses to be delivered over the next two years

About EKA Mobility

EKA Mobility is a Pune-based electric vehicle and technology company focused on transforming India's commercial mobility landscape. With a portfolio spanning electric buses, electric trucks, and small commercial vehicles, EKA combines electric vehicle manufacturing with proprietary AI-powered fleet technology to deliver end-to-end mobility solutions.

EKA Mobility is backed by Mitsui & Co., Ltd. (Japan), VDL Groep (Netherlands), Pinnacle Industries Limited, Enam Holdings and the NIIF India-Japan Fund as equity and strategic partners and has expanded its footprint to markets in East Africa, South Africa, and Australia.

To know more about the company, kindly visit: https://ekamobility.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

EKA Mobility Achieves 5x Volume Growth

EKA Mobility Achieves 5x Volume Growth

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