ITS

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
ChainCatcher Building the Web3 world with innovators