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KuCoin

AuthorizedMiCA authorizedESMA register

Peken Global Limited

ExchangeSeychelles Founded 2017kucoin.com
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Last reviewed
27 Aug 2026
2026-08-27

Compliance snapshot

  • MiCA CASP authorization — FMA, Austria — KuCoin EU Exchange GmbH
  • FMA prohibits commencement of EU operations pending governance remediation
  • US guilty plea and market exit in 2025
  • 2020 hot-wallet hack of USD 281m (mostly recovered)
Overall concern
High concern

MiCA-authorized in Austria since November 2025, but the FMA has not permitted the EU entity to commence operations; a US guilty plea in 2025 and multiple national warnings keep concern high.

Licenses & registrations

  • SeychellesNot licensed
    Company registration (no VASP licence)
    Financial Services AuthorityFSA
    IBC-2154422017-08-15
    Verify at source
  • NetherlandsNot licensed
    CASP authorization
    Autoriteit Financiële MarktenAFM
    ——
    Verify at source
  • United StatesRevoked
    MSB registration
    Financial Crimes Enforcement NetworkFinCEN
    31000-1178-33122021-03-09
    Verify at source
  • AustriaAuthorized
    MiCA CASP authorization
    FinanzmarktaufsichtFMA
    ESMA MiCA register — KuCoin EU Exchange GmbH2025-11-27
    Verify at source

Reputation

Verified reputation data is unavailable

The ratings on file are illustrative and have no source URL or collection date. A verified source and review date are needed before scores can be displayed here.

Customer reviews
Source needed. A direct review-platform source and collection date are needed.
App Store & Google Play
Source needed. Verified store listings and collection dates are needed.
Press sentiment
Source needed. A dated source set and calculation method are needed.
Suggest a reputation source

Recent press

  • 2026-06-17
    Exchange restructures under new ownershipNeutral

    Reuters — A consortium took a majority stake and pledged licensing investment.

  • 2026-04-02
    European supervisors repeat public warningNegative

    Financial Times — Two national authorities listed the platform as unauthorised.

  • 2026-01-15
    Withdrawal complaints rise on support forumsNegative

    CoinDesk — Users reported extended verification hold times.

  • 2025-01-27
    Platform pleads guilty in US case and exits marketNegative

    Bloomberg — The venue agreed to cease serving US customers for two years.

Incidents & enforcement

  1. 2026-02-23Enforcement

    Austria's FMA barred KuCoin EU Exchange GmbH from taking on new customers after the loss of its AML and sanctions officers, three months after MiCA authorization; the new-business ban was lifted 2026-05-18 but commencement of EU operations remains prohibited pending governance remediation.

  2. 2025-01-27EnforcementUSD 297,000,000

    Guilty plea to operating an unlicensed money transmitting business in the United States.

  3. 2023-12-12FineUSD 22,000,000

    New York settlement over unregistered securities and commodities trading.

  4. 2020-09-26HackUSD 281,000,000

    Hot wallet breach; the majority of stolen assets were later recovered or covered.

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Profile last reviewed 27 Aug 2026 (2026-08-27)