Blockchain Press Releases
JuCoin Announces Taiwan Market Entry: Leading Web3’s Future Through Regulatory Compliance and Ecosystem Development
JuCoin formally applies for regulatory licenses, builds KYC system, and commits 200 million TWD to empower Taiwan’s community
SINGAPORE, March 27, 2025 /PRNewswire/ —
Embracing Regulation – JuCoin Aligns with Taiwan’s New Crypto Policies
Taiwan is becoming a benchmark for crypto regulation in the Asia-Pacific region. On March 25, the Financial Supervisory Commission (FSC) of Taiwan released a draft of new regulations requiring all Virtual Asset Service Providers (VASPs) to complete registration by the end of September. This policy marks Taiwan’s transition from “self-regulation” to “legal regulation,” aligning with frameworks in the EU, Japan, and other regions.
Against this backdrop, JuCoin, as the world’s first service-driven cryptocurrency exchange, has taken the lead in initiating regulatory compliance in the Taiwan market:
- Accelerated License Application: Submitted VASP registration materials to the FSC, creating multiple regulatory safeguards in combination with global compliance licenses such as the US MSB
- Localized KYC System: Launched customized real-name verification processes for Taiwan users, combining AI facial recognition with on-chain transaction monitoring (KYT) to ensure compliance with Anti-Money Laundering Act requirements
- Regulatory Compliance and Governance: Established AML mechanisms, risk assessment models, and Customer Due Diligence (CDD) processes to ensure compliance with Taiwan’s Anti-Money Laundering Act and FSC regulatory requirements
- Security Architecture Upgrade: Implemented cold and hot wallet segregation management, multi-signature private key controls, and network security incident response plans, benchmarked against FSC’s “Virtual Asset Custody Security Guidelines”
- Trading Fairness: Developed asset listing/delisting review standards and market manipulation prevention rules to implement FSC’s “Fair Operation Principles for Trading Platforms”
- Network Security Assessment: Integrated the MITRE ATT&CK framework to conduct penetration testing of trading systems and API interfaces to prevent high-risk vulnerabilities such as “Cross-Site Scripting (XSS)” and “Replay Attacks”
These initiatives deeply align with Taiwan’s “progressive compliance” approach. As stated by a Taiwan crypto industry builder: “The balance between industry self-discipline and regulatory oversight will be the cornerstone of Taiwan’s Web3 rise.”
The Ecosystem Ambition Behind 200 Million TWD Investment
The vitality of Taiwan’s crypto community is evident from Memecoin culture to DePIN hardware innovation, from developer geeks to retail Degens. JuCoin announces that if Taiwan users exceed 100,000, 200 million TWD will be invested to launch the “Taiwan Web3 Accelerator” program, including:
- Developer Support Fund: Providing up to $500,000 seed investments to local AI, DePIN, and RWA projects, with priority listing on JuCoin Launchpad
- Education Initiative: Collaborating with Taiwan universities and blockchain associations to establish “Web3 Talent Training Camps,” cultivating 500 compliance and technical experts annually
- Node Building Incentives: Opening JU node mining qualifications, allowing users to participate in ecosystem governance through AIC token staking
- Cultural IP Incubation: Funding NFT artists and chain game studios to promote on-chain integration of local cultural assets such as Mazu culture and Hakka traditions, exploring new models of “Cultural Asset Tokenization” (CAT)
“Taiwan’s community is not just users, but ecosystem co-builders,” emphasized JuCoin’s Global Strategic Partner. “The 200 million TWD is just the beginning. Future resources from the group will help create Taiwan’s ‘Web3 Silicon Valley’.”
The Technical Foundation JuCoins Service-Driven Approach
For the Taiwan market, JuCoin is deploying three core technical advantages:
- Layer3 Public Chain JuChain: Designed for high-frequency trading, supporting tens of thousands of transactions per second with fees as low as $0.001, helping Taiwan’s DeFi and GameFi projects achieve low-cost on-chain operations
- AIC Earning Ecosystem: Users staking AIC tokens can enjoy competitive annual yields with highly transparent on-chain funds, eliminating “Ponzi” schemes
- Compliant Cross-Chain Bridge: Supporting bidirectional exchange between New Taiwan Dollar (TWD) and USDT, achieving seamless fiat channel integration through local institutions such as Chunghwa Telecom and Cathay Bank
Compared to traditional CEXs, JuCoin’s “service-driven” philosophy better meets Taiwan’s needs. For example, its invested AIConnect project has integrated 3,000 NVIDIA GPU servers to provide distributed supercomputing services for Taiwan’s AI startups—a “technology empowering reality” model that Taiwan’s industrial upgrade requires.
Industry Co-Governance with Taiwan Regulators and Community
JuCoin’s Taiwan strategy is not a solo mission but builds a “regulator-platform-user” triangle:
- Regulatory Collaboration: Participating in FSC’s “Virtual Asset Special Law” draft discussions, contributing CEX risk control experience
- Industry Self-Discipline: Joining the Taiwan Virtual Asset Service Providers Association (TWVASP), promoting the establishment of an “Exchange Security White Paper”
- User Governance: JU token holders can vote on Taiwan community fund allocation, achieving “democratic returns”
“Taiwan doesn’t lack speculators, but long-term stakeholders,” commented blockchain media “Intelligent Computing Era.” “JuCoin’s regulatory commitment and ecosystem investment may become key variables in breaking the industry’s ‘Ponzi cycle’.”
Building Taiwan’s New Web3 Era in the Name of Service
Since its birth in 2013, JuCoin has always practiced the “Driven. Focused. Successful” philosophy. Today’s entry into Taiwan is not just an expansion of business territory, but an elevation of the “service-driven” value where compliance is not a shackle but a foundation of trust; community is not traffic but an ally in co-creation; technology is not a gimmick but a tool for inclusion.
“Let every Taiwan builder anchor value in the Web3 wave.” This path may be long, but with the 200 million TWD seed planted, we are already seeing the emerging light.
About JuCoin:
Founded in 2013, JuCoin stands as one of the cryptocurrency industry’s longest-operating exchanges and the world’s first service-driven crypto platform. With operations spanning over 30 countries and serving more than 12 million users, JuCoin has evolved into a comprehensive digital asset ecosystem encompassing JuChain (Layer 3 blockchain), JuOne (Web3 AI-encrypted smartphone), JuChat (Web3 super app), and JuCoin Labs (innovation hub), all powered by the JU token. This integrated ecosystem reflects JuCoin’s service-driven philosophy, designed to remove friction between centralized and decentralized finance while providing users with a seamless, secure, and rewarding crypto experience across all touchpoints.
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website：https://www.jucoin.com
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View original content:https://www.prnewswire.co.uk/news-releases/jucoin-announces-taiwan-market-entry-leading-web3s-future-through-regulatory-compliance-and-ecosystem-development-302413015.html
Blockchain Press Releases
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press.
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybits-ceo-meets-with-vietnams-minister-of-finance-to-support-regulatory-sandbox-and-strengthen-crypto-compliance-302432942.html
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-launches-crypto-surf-copy-traders-and-bots-battle-for-250k-usdt-302432444.html
Blockchain Press Releases
Tomorrowland Brasil 2025 General Sale in Full Swing — Exclusive Cashback for Bybit Cardholders
DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, highlights that general ticket sales for Tomorrowland Brasil 2025 are currently ongoing, with exclusive benefit available to Bybit Card and Bybit Pay eligible users such as 20% cashback.
The Bybit Card is designed for global use and supports both fiat currencies—ARS, BRL, EUR, USD—and a wide selection of cryptocurrencies. Integrated with Apple Pay, Google Pay, and Samsung Pay, it offers users up to 10% cashback on everyday purchases, 8% APR through Auto-Savings, free worldwide delivery, and $100 in monthly ATM withdrawals at no cost—without any annual fees.
Returning to the vibrant setting of Parque Maeda in Itu, São Paulo, Tomorrowland Brasil 2025 will take place from October 12 to 14, promising three days of music, imagination, and cultural exchange. Famed for its theatrical stages, global audience, and meticulously curated lineup, Tomorrowland is more than a festival—it’s a world of its own. With each edition, it transforms into a breathtaking playground of light, sound, and storytelling, drawing music lovers from over 100 countries to celebrate unity through electronic music.
This year’s Brazilian edition will feature performances from some of the world’s most sought-after artists, including David Guetta, Armin van Buuren, Vintage Culture, Mind Against, Steve Aoki, James Hype, Alesso, Nervo, and I Hate Models. Special acts include Alok’s “Something Else” concept, ANNA b2b Vintage Culture, and a powerful b2b set from Matisse & Sadko and Third Party. With more names still to be revealed, the event is shaping up to be one of the strongest editions yet.
“Tomorrowland Brasil is one of those rare experiences that transcends music—it creates lasting memories and connects people from every walk of life,” said Joan Han, Head of Payment business unit at Bybit. “We’re proud to support this global celebration by offering our users exclusive benefits that make it easier to be part of something truly unforgettable.”
Tomorrowland Brasil continues to be a beacon of creativity, community, and connection, standing at the intersection of music, technology, and art.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About TOMORROWLAND BRASIL
Tomorrowland Brasil 2025 will take place on October 10-12 in the beautiful festival area of Parque Maeda in Itu, a municipality in São Paulo. The festival will revolve around the mesmerizing ‘LIFE’ theme, set against the backdrop of Brazil’s enchanting natural beauty. A story set in the mythical realm of Silvyra, it’s a world unto its own, filled with creatures, plant life, and people living in harmony, each with their own stories, with the diversity of Silvyra’s lush nature represented in the spectacular ‘LIFE’ Mainstage. Offering the ultimate escape from the city during three days of bliss, guests will be treated to breathtaking performances by more than 150 of the world’s finest electronic artists across 6 mesmerizing stages.
The first two festival editions of Tomorrowland Brasil took place in 2015 and 2016 in the beautiful festival area of Parque Maeda in Itu, São Paulo. After years of dreaming of a return, Tomorrowland finally headed back to Brazil in 2023, becoming a yearly highlight once again.
Tomorrowland Brasil 2025
October 10-12, 2025
Parque Maeda, Itu
brasil.tomorrowland.com
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View original content:https://www.prnewswire.co.uk/news-releases/tomorrowland-brasil-2025-general-sale-in-full-swing–exclusive-cashback-for-bybit-cardholders-302432402.html
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