KuCoin has officially entered the Thai market with the launch of a fully regulated cryptocurrency exchange, made possible through its recent acquisition of local digital asset platform ERX. The new exchange, operating under the name KuCoin Thailand, has received licensing from Thailand’s Ministry of Finance and is regulated by the Securities and Exchange Commission.
This strategic move positions KuCoin to tap into Southeast Asia’s growing crypto adoption, offering spot trading services for major cryptocurrencies. The company stated that it intends to expand available services in the future, including token listings and localized products tailored to Thai users.
KuCoin emphasized that the new platform will prioritize compliance and security while contributing to Thailand’s evolving digital asset ecosystem. The launch aligns with the exchange’s broader goal of increasing its global footprint by working closely with regulators in key markets.
Thailand has emerged as a crypto-friendly jurisdiction in Asia, making it an attractive target for international exchanges. With regulatory approval secured, KuCoin Thailand aims to provide a safe and legally compliant trading environment to support the country’s expanding digital economy.