Compliance

KuCoin launches the "Trust Plan": commits to invest $2 billion to comprehensively upgrade platform transparency, security, compliance system, and KCS ecosystem

ChainCatcher news, at the global crypto event TOKEN2049 in Dubai, cryptocurrency exchange KuCoin officially launched its major strategy------the "Trust Plan," and announced a future investment of $2 billion to promote KuCoin into a new stage of high-quality, sustainable development, focusing on key areas such as platform security, transparency building, compliance system enhancement, and KCS ecosystem development.It is reported that this conference marks the first public appearance of KuCoin's new CEO BC Wong since taking office. He took the stage alongside KuCoin's EU CEO Oliver Stauber, addressing over 15,000 industry leaders, regulatory representatives, and crypto innovators from around the world, elaborating on KuCoin's long-term vision and systematic layout regarding the core industry proposition of "trust."In his speech titled "The Trust Gap in the Crypto Industry: Building a Winning Platform," BC Wong pointed out: "As the crypto industry enters the mainstream era, technology and speed are merely entry thresholds. Platforms that can truly transcend cycles must continuously invest in underlying values such as security, transparency, compliance, and responsibility." He stated that the "Trust Plan" is not only a significant financial commitment but also a comprehensive realization of KuCoin's core values. In the coming years, KuCoin will continue to strengthen platform security infrastructure, promote on-chain transparency mechanisms, deepen collaboration with global regulatory agencies, and increase investment in user education and ecosystem health, fully constructing a more trustworthy digital asset trading environment.Among them, KCS (KuCoin Token), as the core connecting asset between the platform and users, will play a crucial role in the "Trust Plan." KuCoin will further optimize the incentive mechanisms, governance rights, and ecological applications of KCS, strengthening its strategic position in enhancing user stickiness, participating in governance, and promoting community co-construction.

JuCoin announces its entry into the Taiwan market: Leading the future of Web3 with compliance and ecological co-construction

ChainCatcher news, Taiwan is becoming a benchmark for cryptocurrency regulation in the Asia-Pacific region. The Financial Supervisory Commission (FSC) of Taiwan has released a draft of new regulations requiring all Virtual Asset Service Providers (VASP) to complete registration by the end of September. This policy marks Taiwan's transition from "self-regulatory supervision" to "rule-based supervision," aligning with frameworks in the EU, Japan, and other regions.In this context, JuCoin, as a service-oriented cryptocurrency exchange, is the first to initiate the compliance process in the Taiwanese market: officially applying for a regulatory license, building a KYC system, and committing to invest 200 million TWD to empower the Taiwanese community.JuCoin announced that if the number of Taiwanese users exceeds 100,000, it will invest 200 million TWD to launch the "Taiwan Web3 Accelerator" program, which includes four main components: developer support fund, inclusive education program, node co-construction incentives, and cultural IP incubation.Since its inception in 2013, JuCoin has always adhered to its original intention of "Driven. Focused. Successful." "The Taiwanese community is not only users but also ecosystem builders," emphasized JuCoin's global strategic partner. "The 200 million TWD is just the starting point; in the future, we will bring in group resources to create a Taiwanese version of 'Web3 Silicon Valley.'"
2025-03-27
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