PANews reported on June 13 that the cryptocurrency exchange KuCoin announced that its first fully compliant local trading platform, KuCoin Thailand, is officially open to Thai users for registration and trading. The platform has obtained regulatory approval from the Securities and Exchange Commission of Thailand (SEC), supports Thai baht deposits and withdrawals, and provides localized, highly secure, and easy-to-operate digital asset services.

KuCoin CEO BC Wong said that this is an important step for the company to deepen its strategic layout in Southeast Asia. After registering in India, it once again demonstrated its determination to operate in compliance with global regulations. In 2023, about 13 million Thais will use cryptocurrencies, and the market potential is huge. KuCoin Thailand will open up the crypto journey for more Thai users and promote the development of the regional digital economy.