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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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 Surpasses 70 Million Users, Reinforces Commitment to Transparency and Institutional Growth
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced it has surpassed 70 million registered users, a milestone that highlights the platform’s sustained global growth and deepening trust among both retail and institutional clients. This achievement underscores Bybit’s robust market presence and its steadfast commitment to security, compliance, and product innovation.
“Reaching 70 million users is more than a number—it’s a testament to the trust our global community places in us,” said Ben Zhou, co-founder and CEO of Bybit. “We are doubling down on compliance, institutional-grade infrastructure, and user-centric innovation to ensure everyone—from first-time traders to global institutions—can access the future of finance with confidence.”
Strengthening Global Compliance and Regulatory Engagement
Bybit continues to expand its global compliance framework, working closely with regulators around the world. Most recently, Bybit held strategic discussions with Vietnam’s Ministry of Finance, contributing to the country’s regulatory sandbox initiative by sharing expertise in KYC, AML, and international best practices.
Bybit has also made key progress in major jurisdictions, including the United Arab Emirates, further demonstrating its commitment to regulatory alignment and operational transparency.
Accelerating Institutional Growth
Bybit is seeing rapid growth among institutional clients, driven by high-performance trading infrastructure, advanced risk controls, and strategic partnerships. The integration with Zodia Custody—a leading provider of institutional-grade custody and off-venue settlement solutions—reflects Bybit’s ongoing efforts to meet the needs of sophisticated investors with robust, compliant offerings.
Pioneering Web3 Integration and Real-World Utility
Bybit continues to lead in practical Web3 innovation. The Bybit Card, now used by nearly 2 million people, enables everyday crypto spending, while Bybit Pay streamlines on-chain and off-chain transactions for both users and merchants.
In line with its user-first philosophy, Bybit is also leveraging artificial intelligence to enhance trading, research, and support services. CryptoLens, an in-house AI analytics tool, offers users deep insights into token fundamentals, community activity, social trends, and tokenomics—even for projects not listed on the platform. TradeGPT, an AI agent trained on Bybit’s proprietary data, delivers rapid price action summaries and technical analysis, helping traders make smarter decisions. Complementing these innovations, an AI Support Agent enhances customer service by improving response efficiency and user experience across the platform.
Bridging Traditional Finance and the Future of Digital Assets
Bybit remains committed to its role as #TheCryptoArk—a safe, trusted bridge from traditional finance into the world of Web3. Through intuitive products, regulatory collaboration, and cutting-edge technology, Bybit empowers users of all levels to navigate and thrive in the digital asset ecosystem.
“We’re building the infrastructure for the next era of finance,” Ben added. “By championing regulation, professionalism, and a relentless user-first approach, we’re shaping a safer, more inclusive, and more empowering financial future for all.”
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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/bybit-surpasses-70-million-users-reinforces-commitment-to-transparency-and-institutional-growth-302451104.html
Blockchain Press Releases
Unleashing the Power of Futures Combo Bots on Bybit: Leveling up Futures Trading with More Rewards
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, Futures Combo Carnival, a month-long trading event rewarding both new and experienced Futures Combo traders with multiple rewards tracks. Trading thresholds start at 300 USDT with rewards of up to 500 USDT in prizes weekly.
The largest Futures Combo campaign on Bybit to date, the Carnival gives traders even more reasons to make their futures trading journey hassle-free and more rewarding. Bot-enabled automated trading is becoming the norm among strategic traders in a turbulent market, where no traders can afford manmade mistakes or delays in execution.
Bybit’s Futures Combo Bot is a powerful tool for streamlining users’ futures trading experience, empowering them to build portfolios and rebalance positions across multiple futures contracts. The innovative solution allows traders to set up a Bot within minutes, minimizing manual management of complex trading strategies, and achieving both efficiency and flexibility when managing combos of futures contracts.
From now to Jun. 9, 2025, eligible Bybit users may take part in two events with a welcome bonus for first-time users:
- The Combo Battle offers newcomers who achieve a trading volume of 300 USDT an immediate 5 USDT Bot Bonus on a first-come, first-served basis, while experienced traders can earn lucky draw tickets by reaching volume milestones of 1,000 USDT and 2,500 USDT respectively using Bybit’s Futures Combo Bot.
- The Combo Challenge invites Mandarin-speaking Key Opinion Leaders to create and share their trading strategies on social media using the hashtag #ComboChallenge, with three weekly winners receiving 500 USDT each.
Bybit is committed to making futures trading more accessible to users looking to diversify their trading strategies. With rewards designed for both newcomers and experienced traders, this event strengthens community engagement while supporting users wherever they are on their trading journey. For more details and terms and conditions, users may visit: Bybit Futures Combo Carnival
#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/unleashing-the-power-of-futures-combo-bots-on-bybit-leveling-up-futures-trading-with-more-rewards-302451105.html
Blockchain Press Releases
Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders
DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is enhancing the user experience and capital efficiency of its lending products by integrating Crypto Loans (flexible loans) and Fixed Rate Loans into a single, streamlined interface.
The integration introduces a unified platform for both loan types, enabling users to compare, manage, and optimize their borrowing strategies with greater ease. All loan products are now accessible under the Crypto Loans page, with a redesigned layout that prioritizes usability and transparency.
“Our goal is to simplify how users interact with our lending products while enhancing their capital flexibility,” said Emily Bao, Head of Spot at Bybit. “By consolidating management tools and aligning risk models, we’re giving our users more control and clarity over their borrowing activity.”
Key upgrades include:
- Unified Cross Margin Model: Both flexible and fixed-term loans will now operate under a shared cross-margin system, allowing users to benefit from consolidated Loan-to-Value (LTV) ratios — set at 80% (initial), 85% (margin call), and 92% (liquidation).
- Shared Collateral: Collateral can now be used interchangeably across both loan types, enabling more agile capital deployment.
- Tiered Collateral Ratios: All supported assets will follow a tiered collateral system, reflecting each asset’s risk profile — consistent with the structure previously applied to Fixed Rate Loans.
- Updated Interest Calculation: Interest will be calculated hourly using a compounding method: total debt (principal + accrued interest) multiplied by the hourly interest rate.
Existing loan orders will remain unaffected, continuing under their original terms and conditions. For users seeking further information, detailed guides on both Fixed Rate Loans and Crypto Loans are available via the Bybit Help Center.
This strategic move reaffirms Bybit’s commitment to innovation and user empowerment in the evolving digital asset economy.
#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-unifies-loan-products-to-enhance-capital-efficiency-for-crypto-traders-302451043.html
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