KuCoin is using a freshly minted MiCA license to wire crypto payments and perks into Tomorrowland’s flagship festivals. KuCoin announced an exclusive multiyear deal with Tomorrowland Winter and Tomorrowland Belgium from 2026 to 2028, making the exchange the music festival’s exclusive crypto and payments partner. The move comes just weeks after KuCoin secured a Markets in Crypto-Assets Regulation (MiCA) service provider license in the European Union. KuCoin EU Exchange recently obtained a crypto asset service provider license in Austria under the EU’s MiCA regime, giving it a fully regulated foothold in the bloc as Brussels’ new rulebook for exchanges, custody and stablecoins comes into force. Read more
Licensed by Austria’s Financial Market Authority, KuCoin EU can operate across 29 EEA countries, excluding Malta. Major cryptocurrency exchange KuCoin is the latest company to secure a license under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework. KuCoin’s European arm, KuCoin EU, secured a MiCA license from the Financial Market Authority of Austria, the company said in a statement shared with Cointelegraph on Friday. The authorization allows KuCoin EU to offer crypto asset services across 29 countries in the European Economic Area (EEA), excluding Malta, according to the exchange’s representatives. Read more
The rollout lets users convert crypto to local currency and pay merchants via QR codes, tapping Latin America’s biggest crypto market. KuCoin Pay has integrated with Pix, Brazil’s central bank-run instant payments network, allowing users to convert and spend cryptocurrencies at any merchant that accepts Pix QR codes. The launch taps into one of the world’s largest crypto user bases, with roughly 26 million Brazilians, about 12% of the population, now using digital assets, according to a Friday announcement from the exchange. The integration supports instant crypto-to-Brazilian currency conversions (Brazil’s currency is the real), enabling users to transfer funds from KuCoin accounts to any Brazilian bank or pay merchants directly through Pix. It also features multi-functional wallet tools for managing both cryptocurrencies and fiat currencies within the KuCoin app. Read more