Is KuCoin legal in Malaysia?

Cryptocurrency businesses operating in Malaysia must fulfill a series of crucial requirements to ensure legal compliance.

Registration is a non-negotiable step for all digital currency exchanges functioning within the Malaysian territory. This regulation applies uniformly to all exchanges, regardless of their size or reputation.

Prominent exchanges like Kraken, Bitget, and KuCoin are not exempt from this registration requirement. They must adhere strictly to the guidelines laid out by the Malaysian authorities to continue their operations legally.

Similarly, Binance and Exolix, which are widely known for their extensive trading options and user base, must also complete the registration process to maintain their operational status in Malaysia.

BTCC, a leading cryptocurrency exchange, offers a wide range of services to its users. These services include spot trading, futures trading, and a secure wallet for storing digital assets. With such comprehensive offerings, BTCC continues to attract users from various parts of the world.