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Nikolay Kolev

Austrian FMA blocks KuCoin EU from onboarding new clients from 19 February 2026

The Austrian Financial Market Authority has ordered KuCoin EU Exchange GmbH to stop taking on new customers and issuing new products or contracts starting 19 February 2026, while existing activities remain subject to stricter oversight. The regulator's intervention, less than three months after granting MiCA authorization on 27 November 2025, follows identified deficiencies in anti-money laundering, counter-terrorist financing and sanctions controls, including missing key compliance officers. The restriction is temporary rather than a license revocation and will remain until KuCoin EU appoints qualified personnel and restores full compliance.
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