JuCoin announces its entry into the Taiwan market: Leading the future of Web3 with compliance and ecosystem co-construction
1. Embracing Regulation: JuCoin Resonates 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 (VASP) to complete registration by the end of September. This policy marks Taiwan's transition from "self-regulation" to "rule-based regulation," aligning with frameworks in the EU, Japan, and other regions.
Against this backdrop, ++JuCoin++, as the world's first service-oriented cryptocurrency exchange, has taken the lead in initiating the compliance process in the Taiwanese market:
- Accelerated License Application: Submitted VASP registration materials to the FSC, combining global compliance licenses such as the US MSB to build a multi-layered regulatory moat;
- Localized KYC System: Launched a customized real-name authentication process for Taiwanese users, integrating AI facial recognition and on-chain transaction monitoring (KYT) to ensure compliance with the Anti-Money Laundering Act;
- Regulatory Compliance and Governance: Established an AML anti-money laundering mechanism, risk assessment model, and customer due diligence (CDD) process to ensure compliance with Taiwan's Anti-Money Laundering Act and FSC regulatory requirements.
- Security Architecture Upgrade: Includes layered management of hot and cold wallets, multi-signature control of private keys, and a cybersecurity incident response plan, aligning with the FSC's "Virtual Asset Custody Security Guidelines."
- Fair Trading Practices: Developed asset listing/removal review standards and market manipulation prevention rules to implement the FSC's "Fair Operation Principles for Trading Platforms."
- Cybersecurity Assessment: Introduced the MITRE ATT&CK framework for penetration testing of trading systems and API interfaces to prevent high-risk vulnerabilities such as "Cross-Site Scripting (XSS)" and "Replay Attacks."
These measures align deeply with Taiwan's "gradual compliance" approach. As builders in Taiwan's crypto industry have said, "The balance between industry self-regulation and public authority oversight will be the cornerstone of Taiwan's Web3 rise."
2. Community Empowerment: The Ecological Ambition Behind the 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, forming a diverse ecological map. 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:
- Developer Support Fund: Providing up to $500,000 in seed investment to local AI, DePIN, and RWA projects, with priority for listing on JuCoin Launchpad;
- Inclusive Education Program: Collaborating with National Taiwan University and the Blockchain Association to establish a "Web3 Talent Training Camp," training 500 compliance and technical professionals each year;
- Node Co-Building Incentives: Opening JU node mining qualifications, allowing users to participate in ecological governance by staking AIC tokens, with an annual yield of 288%;
- Cultural IP Incubation: Funding NFT artists and blockchain game studios to promote local IPs such as Mazu culture and Hakka traditions on-chain, exploring new models of "Cultural Asset Tokenization" (CAT).
"The Taiwanese community is not just users, but co-builders of the ecosystem," emphasized JuCoin's global strategic partner. "The 200 million TWD is just the starting point; in the future, we will introduce group resources to create a Taiwanese 'Web3 Silicon Valley.'"
3. Technical Foundation: Differentiated Breakthrough of Service-Oriented Exchanges
In the face of the Taiwanese market, JuCoin presents three core technological advantages:
- Layer 1 Public Chain JuChain: Designed for high-frequency trading, supporting tens of thousands of transactions per second, with fees as low as $0.001, facilitating low-cost on-chain for Taiwan's DeFi and GameFi projects;
- AIC Earning Ecosystem: Users staking AIC tokens can enjoy an annual yield of 288%, with funds being fully transparent on-chain, eliminating "Ponzi" schemes;
- Compliant Cross-Chain Bridge: Supporting bidirectional exchange between New Taiwan Dollar (TWD) and USDT, seamlessly connecting fiat channels through local institutions such as Chunghwa Telecom and Cathay Bank.
Compared to traditional CEX, JuCoin's "service-driven" philosophy better meets Taiwanese needs. For example, its investment in the AIConnect project has integrated 3,000 NVIDIA GPU servers to provide distributed supercomputing services for Taiwanese AI startups. This "technology empowering the real economy" model is exactly what Taiwan's industrial upgrade requires.
4. Industry Co-Governance: Triangular Collaboration with Taiwan's Regulators and Community
JuCoin's strategy in Taiwan is not a solo effort but aims to build a "regulation-platform-user" iron triangle:
- Regulatory Collaboration: Participating in the FSC's discussions on the "Special Law for Virtual Assets," contributing CEX risk control experience;
- Industry Self-Regulation: Joining the Taiwan Virtual Asset Association (TWVASP) to promote the development of a "Security White Paper for Exchanges";
- User Co-Governance: JU token holders can vote to decide the allocation of the Taiwan Community Fund, achieving "yield democracy."
"Taiwan lacks speculators but needs long-termists," commented the blockchain media "Intelligent Computing Era." "JuCoin's deep compliance efforts and ecological investments may become a key variable in breaking the industry's 'Ponzi cycle.'"
Conclusion: In the Name of Service, Building a New Era of Taiwan's Web3 Together
Since its inception in 2013, JuCoin has consistently practiced its original intention of "Driven. Focused. Successful." Today's entry into Taiwan is not only an expansion of its business territory but also an elevation of the "service-driven" value concept—here, compliance is not a shackle but the cornerstone of trust; the community is not just traffic but a partner in co-creation; technology is not a gimmick but a tool for inclusivity.
As inscribed on the JU chain's vision: "Let every builder in Taiwan anchor value in the wave of Web3." This journey may be long, but as the seeds of 200 million TWD are sown, we have already seen the glimmer of new growth.
For more details, please refer to JuCoin's announcement.