KuCoin

KuCoin: registered with FIU-IND as a VDA service provider (reporting entity) as on 9 March 2026.

Status: Registered with FIU-IND · checked 21 Oct 2026
FIU-IND registration is AML/CFT registration as a reporting entity under the PMLA, not a licence.
Lok Sabha Annexure I: Peken Global Limited (trade name KuCoin), Seychelles: entry 41 in Annexure I, VDA SPs registered with FIU-IND as reporting entities as on 9 March 2026. Lok Sabha USQ 5805, 30 March 2026 official
Show-cause notice: One of nine offshore VDA SPs that FIU-IND served with compliance show-cause notices under Section 13 PMLA on 28 December 2023; FIU-IND asked the IT ministry to block their URLs. PIB, 28 Dec 2023 official
FIU-IND order: Order-in-original No. 08/DIR/FIU-IND/2024 of 22 Mar 2024 against Peken Global Limited under Section 13 PMLA: a penalty of ₹34.5 lakh. Notice dated 28 Dec 2023. FIU-IND order official
Takedown list: Listed as “Kucoin” (entry 2) in Annexure II: offshore VDA SPs whose apps and URLs FIU-IND directed to be taken down for operating in India without complying with the PMLA. The answer does not date the directions. Lok Sabha USQ 5805, 30 March 2026 official
Based in: Offshore · major brand (Country as in Annexure I; Annexure II lists offshore VDA SPs)
Public statement: Not applicable.

History

28 Dec 2023FIU-IND issues a compliance show-cause notice and asks the IT ministry to block its URLs. — pib.gov.in official
22 Mar 2024FIU-IND order 08/DIR/FIU-IND/2024: penalty of ₹34.5 lakh. — fiuindia.gov.in official
9 Mar 2026Registered with FIU-IND as a reporting entity (as on 9 March 2026, per a Lok Sabha answer of 30 March 2026). — sansad.in official
30 Mar 2026Named on FIU-IND's takedown list (Annexure II) in a Lok Sabha answer; the direction itself is not dated. — sansad.in official

VASP Tracker, “KuCoin: FIU-IND Registration (India)”, https://vasptracker.com/en/in/platforms/kucoin/ (accessed 21 Oct 2026). CC BY 4.0.