KuCoin TR Submitted SPK Application in Türkiye, Affirming Commitment to Compliance and Local Users

Key Points

1. KuCoin TR, a collaborative partner of KuCoin, submitted its SPK application to operate as a Crypto Asset Service Provider in Türkiye, joining other major platforms like Binance TR and OKX TR.

2. The application aligns with Türkiye's regulatory framework, including amendments to the Capital Markets Law No. 6362 and subsequent communiqués imposing capital reserves, AML, KYC, and travel rule standards.

3. KuCoin TR has introduced localized updates for Türkiye users, such as improved fiat on-ramps with TRY trading pairs and faster deposits and withdrawals.

4. The platform aims to ensure compliance, security, and user engagement, with full licensing required by June 2026 under Türkiye's transitional regulations.

5. KuCoin's global compliance efforts include registrations in India and the EU, as well as the launch of KuCoin Thailand, highlighting its focus on regulatory alignment and security.