KuCoin has officially obtained a cryptocurrency trading service license in Australia, marking a significant expansion for the exchange. CoinDesk reported that KuCoin successfully registered as a Digital Currency Exchange (DCE) with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This registration allows KuCoin to legally offer a full suite of cryptocurrency trading services to Australian users. The move reflects KuCoin's commitment to regulatory compliance and its ambition to become a leading player in the Australian crypto market. KuCoin is also collaborating with Echuca Trading, a financial services firm holding an Australian Securities and Investments Commission (ASIC) license. This partnership will likely enhance KuCoin's service offerings in the region. Previously, KuCoin launched a fiat currency on-ramp, making it easier for Australians to buy cryptocurrencies. The AUSTRAC registration solidifies KuCoin's position and provides greater security and trust for Australian crypto traders. ```