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VICTORIA, Seychelles, March 25, 2024 /PRNewswire/ -- KuCoin, a global leader among cryptocurrency exchanges and ranked in the top seven globally, proudly announces its latest innovative milestone as the first global cryptocurrency exchange to comply with FIU in India. This achievement marks a pivotal moment in the evolution of India's cryptocurrency landscape amid recent regulatory changes and underlines KuCoin's dedication to expanding its presence in vital global markets as part of its comprehensive global strategy.
In addition to KuCoin's registration with FIU, KuCoin proposes to undertake the following initiatives to better serve local Indian users:
Johnny Lyu, CEO of KuCoin, highlighted, "KuCoin places utmost importance on the security of users' assets. By successfully completing this registration in India, we are poised to enhance the experience of Indian users and reaffirm our dedication to compliance." and security. This milestone allows us to advance the conversation on cryptocurrency adoption in India, emphasizing user security and commercial excellence. Additionally, it accelerates our educational and investment initiatives in India, with the aim of stimulating growth of the industry and encourage sustainable development of the blockchain landscape. We are eager to support local innovation and build long-lasting educational partnerships to significantly contribute to India's blockchain ecosystem. With this development, we at KuCoin welcome partners to join to us and promote the development of the cryptocurrency industry in India."
KuCoin is immensely excited to embark on this journey with our Indian users, unlocking a realm of new possibilities and opportunities. KuCoin is eager to grow stronger together, fostering a thriving and collaborative blockchain community. Looking ahead, KuCoin is optimistic about the future we will build in India – a bright future with innovation, progress and shared success.
About KuCoin
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-facing platform with a focus on inclusivity and community action outreach, it offers over 800 digital assets and currently offers spot trading, margin trading, P2P Fiat trading, futures trading, staking, and lending to your 30s. million users in more than 200 countries and regions. KuCoin is currently one of the top 7 cryptocurrency exchanges. In 2023, KuCoin was named one of the best cryptocurrency exchanges by Forbes and recognized as a Highly Commended Global Exchange in Finder's 2023 Global Cryptocurrency Trading Platform Awards. More information at https://www.kucoin.com.
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