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Cryptocurrency News Articles

JuCoin Announces Taiwan Market Entry: Leading Web3's Future Through Regulatory Compliance and Ecosystem Development

Mar 27, 2025 at 04:52 pm

JuCoin formally applies for regulatory licenses, builds KYC system, and commits 200 million TWD to empower Taiwan's community

JuCoin Announces Taiwan Market Entry: Leading Web3's Future Through Regulatory Compliance and Ecosystem Development

JuCoin, the world’s first service-driven cryptocurrency exchange, has formally applied for regulatory licenses and begun constructing a Know Your Customer (KYC) system as part of its entry into the Taiwan market. The exchange also pledges to invest 200 million TWD to empower the local community. These initiatives follow Taiwan’s Financial Supervisory Commission (FSC) draft of new regulations for Virtual Asset Service Providers (VASPs).

The apex bank is requiring all VASP to complete registration by the end of September. The policy marks a transition from "self-regulation" to "legal regulation" for the cryptocurrency industry in Taiwan, aligning it with frameworks in the EU, Japan, and other regions.

To integrate into the Taiwan market, JuCoin has already taken the following steps:

These initiatives align with Taiwan’s “progressive compliance” approach. As one crypto industry builder stated, the balance between industry self-discipline and regulatory oversight will be the cornerstone of Taiwan’s Web3 rise.

The company also announces that if Taiwan users exceed 100,000, it will invest 200 million TWD to launch the “Taiwan Web3 Accelerator” program, which includes:

The company's Global Strategic Partner highlighted that the community aspect is crucial.

"The 200 million TWD is just the beginning. Future resources from the group will help create Taiwan’s ‘Web3 Silicon Valley'," the partner added.

For the Taiwan market, JuCoin is deploying three core technical advantages:

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 the country’s industrial upgrade requires.

JuCoin’s Taiwan strategy is not a solo mission but builds a “regulator-platform-user” triangle:

"Taiwan doesn’t lack speculators, but long-term stakeholders," remarked blockchain media "Intelligent Computing Era." They went on to say that JuCoin’s regulatory commitment and ecosystem investment may become key variables in breaking the industry’s “Ponzi cycle.”

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.

Founded in 2013, JuCoin stands as one of the cryptocurrency industry’s longest-operating exchanges and the world’s first service-driven crypto platform. Operating in 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.

This article was originally published on PRNewswire.

See More: Top Cryptocurrency News

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