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KuCoin’s New European Chapter Begins: KuCoin EU Secures MiCAR Compliance, Celebrates With a Ball in Vienna

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After years of speculation about whether major crypto exchange KuCoin would be available to EU users, the wait is finally over.

KuCoin is officially MiCAR-compliant. It celebrated this significant achievement with a VIP gala at the iconic Spanish Riding School in Vienna, Austria, on Wednesday night.

Cryptonews has been on the ground in Vienna this week, speaking directly with company leadership to uncover what lies ahead for their new European Union expansion.

‘Only The Starting Point’

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The fully MiCAR-regulated crypto trading platform has opened its doors to a massive number of users now that it is available in 29 European Economic Area markets.

The team explained that KuCoin EU users will have access to EUR deposits and withdrawals, spot trading, and local customer support, among other services.

They plan to offer campaigns and features exclusive to the region.

This is a notable advance, both for the company and for its users.

With this move, KuCoin EU has met the union’s regulatory standards. More precisely, it is licensed as a Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR) and is supervised by Austria’s Financial Market Authority (FMA).

“Over the past months, our teams have worked meticulously to design a platform that meets Europe’s regulatory expectations in full, while still delivering the performance, reliability, and user experience that modern crypto users expect,” said Managing Director Christian Niedermueller.

However, he adds that this is just “the starting point.”

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Now that the platform has established a solid regulatory foundation, Niedermueller said, KuCoin will move into “a long-term role in shaping a trusted digital asset ecosystem across Europe.”

This, he suggests, they can accomplish by adapting to regional needs and paying attention to what local users have to say.

Also, KuCoin CEO BC Wong added that the team chose Austria as KuCoin EU’s base. This is due to “its clear and forward-looking regulatory framework, which provides a strong foundation for operating responsibly and sustainably across Europe.”

KuCoin EU’s Managing Directors Christian Niedermueller, Sabina Liu, and Audrey Lim launched the platform live onstage in Austria’s capital. They said that a phased roll-out of its services has begun.

More offers are arriving on the list in the coming months.

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Expanding the Team, Establishing a Payment Layer

KuCoin revealed that the EU platform has a 30-person regional team across Spain, Germany, Italy, France, Portugal, and the Netherlands.

Moreover, they will move forward with the Visa KuCard for Europe, providing a payment service for millions of people. The card comes with zero annual fees, instant conversion, and up to 8.5% cashback.

Another big announcement came in the form of Sabina Liu taking the new role as Managing Director.

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Liu boasts a deep understanding of KuCoin’s core principles and seems an obvious choice for this role.

She previously ran KuCoin exchange’s institutional business, and before that spent 14 years at London Stock Exchange Group (LSEG).

In Liu’s words, “Europe represents one of the most sophisticated financial markets globally, and KuCoin EU has been built to meet that standard from day one. This launch reflects a clear business decision to invest long-term in Europe, by establishing local leadership, aligning with regulatory expectations, and delivering a platform designed around specific regional needs.”

Notably, with the foundation now in place, the team’s “focus is on responsible growth, strong partnerships, and building a sustainable business that can scale across the region,” the new Managing Director said.

A New Partnership Based On ‘Shared Values’

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The event continued with announcements. They revealed a strategic partnership with world-class cyclist Tadej Pogačar.

The four-time Tour de France champion and the current UCI Road World Champion is now KuCoin EU’s global brand partner.

Both parties have stated that the partnership is not of a transactional kind – instead, it focuses on shared values. “Trust is not declared, but earned through long-term performance, professionalism, and discipline,” the team said.

Additionally, this latest news follows the exchange’s collaborations with Australian golf player Adam Scott and global music festival Tomorrowland.

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Meanwhile, KuCoin was founded in 2017. It says it has 40 million users across more than 200 countries and regions.

Moreover, it offers access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

At the end of last year, it reported 55% year-on-year growth in spot trading volume. This was in addition to the 30% rise in futures volume.

In December 2025, KuCoin announced a $2 billion Trust Project, aiming to strengthen institutional confidence and platform security.

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Now, with the latest move, the firm says it has opened its brand new chapter.

The post KuCoin’s New European Chapter Begins: KuCoin EU Secures MiCAR Compliance, Celebrates With a Ball in Vienna appeared first on Cryptonews.

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ME Token Slumps After Magic Eden Announces Buybacks, Staking Rewards

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ME Token Slumps After Magic Eden Announces Buybacks, Staking Rewards


The former NFT marketplace said it will allocate revenue to the ME ecosystem, including USDC rewards paid out to stakers.

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Solana (SOL) Plunges Below $100, Bitcoin (BTC) Recovers From 15-Month Low: Market Watch

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BTCUSD Feb 4. Source: TradingView


Meanwhile, HASH and HYPE have declined the most over the past 24 hours after charting impressive gains lately.

Bitcoin’s adverse price actions as of late worsened yesterday when the asset tumbled to its lowest positions since early November 2024 at $73,000 before recovering by a few grand.

Most altcoins followed suit with enhanced volatility, but some, such as SOL, HYPE, and CC, have been hit harder than others.

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BTC’s Latest Rollercoaster

It was just a week ago when the primary cryptocurrency challenged the $90,000 resistance ahead of the first FOMC meeting for the year. After it became official that the Fed won’t cut the rates again, BTC remained sluggish at first but started to decline in the following hours.

The escalating tension in the Middle East was also blamed for another crash that took place on Thursday when bitcoin plunged to $81,000. It bounced off to $84,000 on Friday but tumbled once again on Saturday, this time to under $75,000. Another recovery attempt followed on Monday, only to be rejected at $79,000.

Tuesday brought the latest crash, this time to a 15-month low of $73,000. It has rebounded since then to just over $76,000, but it’s still 3% down on the day. Moreover, it has lost 14% of its value weekly and a whopping 18% monthly.

Its market capitalization has plummeted to $1.525 trillion on CG, while its dominance over the alts has declined to 57.3%.

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BTCUSD Feb 4. Source: TradingView
BTCUSD Feb 4. Source: TradingView

SOL Below $100

Most larger-cap altcoins have felt the consequences of the violent market crash lately. Ethereum went from over $3,000 to $2,100 in the span of a week, before bouncing to $2,280 as of now. BNB is down to $760, while SOL has plummeted to under $100 after a 7% daily decline.

Even the recent high-flyer HYPE has retraced hard daily. The token is down by 11% to $33. CC and ZEC are also deep in the red, while XMR has gained the most from the larger caps.

The cumulative market cap of all crypto assets has seen more than $70 billion erased in a day and is down to $2.65 trillion on CG.

Cryptocurrency Market Overview Feb 4. Source: QuantifyCrypto
Cryptocurrency Market Overview Feb 4. Source: QuantifyCrypto

 

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Pumpfun Unveils Investment Arm and $3 Million Hackathon

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Pumpfun Unveils Investment Arm and $3 Million Hackathon


PUMP rallied as much as 10% but erased its gains as crypto markets dipped.

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Spot Bitcoin ETF AUM Hits Lowest Level Since April 2025

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Spot Bitcoin ETF AUM Hits Lowest Level Since April 2025

Assets in spot Bitcoin (BTC) ETFs slipped below $100 billion on Tuesday following a fresh $272 million in outflows.

According to data from SoSoValue, the move marked the first time spot Bitcoin ETF assets under management have fallen below that level since April 2025, after peaking at about $168 billion in October

The drop came amid a broader crypto market sell-off, with Bitcoin sliding below $74,000 on Tuesday. The global cryptocurrency market capitalization fell from $3.11 trillion to $2.64 trillion over the past week, according to CoinGecko.

Altcoin funds secure modest inflows

The latest outflows from spot Bitcoin ETFs followed a brief rebound in flows on Monday, when the products attracted $562 million in net inflows.

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Still, Bitcoin funds resumed losses on Tuesday, pushing year-to-date outflows to almost $1.3 billion, coming in line with ongoing market volatility.

Spot Bitcoin ETF flows since Jan. 26, 2026. Source: SoSoValue

By contrast, ETFs tracking altcoins such as Ether (ETH), XRP (XRP) and Solana (SOL) recorded modest inflows of $14 million, $19.6 million and $1.2 million, respectively.

Is institutional adoption moving beyond ETFs?

The ongoing sell-off in Bitcoin ETFs comes as BTC trades below the ETF creation cost basis of $84,000, suggesting new ETF shares are being issued at a loss and placing pressure on fund flows.

Market observers say that the slump is unlikely to trigger further mass sell-offs in ETFs.

“My guess is vast majority of assets in spot BTC ETFs stay put regardless,” ETF analyst Nate Geraci wrote on X on Monday.

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Source: Nate Geraci

Thomas Restout, CEO of institutional liquidity provider B2C2, echoed the sentiment, noting that institutional ETF investors are generally resilient. Still, he hinted that a shift toward onchain trading may be underway.

Related: VistaShares launches Treasury ETF with options-based Bitcoin exposure

“The benefit of institutions coming in and buying ETFs is they’re far more resilient. They will sit on their views and positions for longer,” Restout said in a Rulematch Spot On podcast on Monday.

“I think the next level of transformation is institutions actually trading crypto, rather than just using securitized ETFs. We’re expecting the next wave of institutions to be the ones trading the underlying assets directly,” he noted.