PANews reported on June 10 that KuCoin EU has officially completed the formation of its four-member core management team, appointing Christian Derler as Chief Business Officer (CCO) and Tamara Rubey as General Counsel. Derler has more than 20 years of experience in traditional banking and was previously the head of the business department at BKS Bank; Rubey has a professional background in payment and crypto regulation and has worked at PSA, Coinpanion and Bitpanda.

KuCoin EU is currently in the process of applying for a MiCAR license from the Austrian Financial Market Authority (FMA).