KuCoin, a prominent exchange, is now live in Thailand, capitalizing on the country’s thriving crypto ecosystem. The platform announced the official launch of KuCoin Thailand, marking a significant milestone in its Southeast Asian expansion.
Significantly, KuCoin Thailand is built on the foundation of ERX Company Limited, the country’s first SEC-supervised digital token exchange, now operating under the new brand. In this article, we’ll explore the key details of KuCoin’s new journey and its further visions.
KuCoin Expands in Thailand: Key Details
According to KuCoin’s official blog post, the exchange has set foot in Thailand, building on ERX Company Limited’s heritage as the country’s first SEC-supervised digital token exchange. ERX has reportedly rebranded as KuCoin Thailand and will offer digital tokens and cryptocurrency products starting April 22.
“We are pleased to announce that with the support of KuCoin, the local Thai digital token and cryptocurrency exchange, KuCoin Thailand, which remains operated by ERX Company Limited, has officially launched,” stated the exchange.
This development follows the exchange facing increased scrutiny in South Korea. The South Korean regulator has blocked access to 17 unregistered crypto exchanges, including KuCoin.
ERX Explains Partnership Goals: A New Era for Crypto in Thailand
Notably, ERX’s ultimate aim is to build a trusted and leading crypto platform in Thailand, supporting the nation’s goal of creating a thriving digital asset ecosystem. With its strategic deal with KuCoin, a top crypto exchange, ERX intends to achieve its global vision. Commenting on the significant milestone, Henry Chen, board director at ERX, noted,
Our goal is to build a leading digital asset platform in Thailand with a global vision. We are committed to being a foundation of Thailand’s digital economy and contributing to the country’s strategic ambition of becoming a global digital hub powered by advanced blockchain technology.
Meanwhile, ERX chief executive Att Tongyai Asavanund shared insights on their mission. He posited,
With a global infrastructure and resources backing us, we’re strengthening our ability to offer localised solutions tailored to the Thai market. KuCoin Thailand reflects our continued mission empowered by advanced technology and a broader global vision.
Thailand’s Favorable Conditions Attract KuCoin
Thailand is one of the top crypto-friendly countries, which makes it an attractive location for the company’s expansion. In January 2025, the nation announced its decision to accept Bitcoin payments from tourists, which has yet to be implemented.
Currently, Thailand boasts eight licensed crypto exchanges. It includes WAAN Exchange, Gulf Binance, Thai Digital Assets Exchange, InnovestX Securities, GMO-Z.com Cryptonomics, Upbit Exchange, Bitkub Online, and Orbix Trade.
Moreover, the Thai government aims to create a clear and robust regulatory framework for crypto, ensuring investor protection and industry growth. Recently, the Thai SEC launched a lawsuit against OKX for allegedly functioning without proper registration.
Russia is preparing to launch a government-backed cryptocurrency exchange that will operate under an experimental legal framework. This crypto exchange is limited to wealthy investors, as the government continues to explore digital financial tools while maintaining its domestic ban on crypto payments.
Russia New State-Backed Crypto Exchange
According to a local newspaper, the Ministry of Finance and the Central Bank of Russia are developing a new crypto exchange. The crypto exchange will fall under the country’s Experimental Legal Regime (ELR), where new financial instruments get trialled before being introduced widely. This move aims to align Russia with crypto as digital assets are recognized worldwide, and countries like the US are trying to become the world’s crypto capital.
Maria Anton Siluanov, the Russian Federation Minister of Finance, confirmed the work on the project during an official meeting. He said,
“We will work closely with the Central Bank to establish a crypto exchange for the qualified investors only.” Crypto assets will be legalized and enabling laws will be created for operations with crypto assets will be brought out of the shadows.”
The Central Bank submitted its formal proposal in March 2025. The project is part of a wider push by Russian authorities to legalize crypto operations for selected users while still enforcing restrictions on public use.
Access Limited to High-Net-Worth Individuals
The crypto exchange is only for ‘super qualified investors’. By the official definition, this category also comprises those who possess at least 100 million rubles ($1.2 million) of financial investments or earn more than 50 million rubles ($600 thousand) annually.
These criteria excludes any frivolous individuals and only allow those with adequate experience and financial resources. The Finance Ministry has said that the requirements are adjustable before the start of the plan. Deputy Minister Ivan Chebeskov also noted that the platform could use the existing infrastructure or newly established licensed companies.
At the same time, the Finance Ministry’s Osman Kabaloev mentioned that discussions on qualification criteria remain open.
“Perhaps it will be in this format, or those indicators will be in some way modified,” he said.
Purpose Behind the Crypto Exchange Launch
Russia’s move comes in response to tightening sanctions and growing restrictions on its access to global financial systems. Officials believe that digital assets can serve as alternative financial tools under international pressure, such as the Donald Trump tariffs seen recently.
Several Russian exchanges have faced international actions in recent months. Garantex, for example, had $28 million frozen by Tether after U.S. sanctions. Deribit also exited the Russian market following similar restrictions.
The launch of a state-backed crypto exchange will allow the government to oversee crypto transactions and enforce compliance within the sandbox environment. However, retail investors will participate only indirectly through regulated derivatives and not in direct crypto trading.
Legal Framework and Timeline
The Russian crypto exchange will roll out under the country’s ELR, which permits the testing of new tools under strict oversight. The platform may launch within the next six months, though not confirmed.
The government is still formulating the full set of rules and regulations, as well as regulations for issuing licenses and supervision. Regarding using crypto in domestic payments, the Central Bank takes a negative stance and sanctions those who violate such rules.
At the same time, the authorities also discuss the ruble-pegged stablecoin and a crypto investment fund based on the assets seized. These concepts are still pending as the legislature finds ways to address the use of digital assets in the country.
Could a small stake today make someone a millionaire by summer 2025? This article explores five overlooked meme coins that might experience massive growth in the next couple of months. Dive into the world of these quirky digital assets that hold the potential to deliver extraordinary returns to those who spot them early.
XYZ’s Capitalization Nears $15M, Causing Demand to Surge
The XYZVerse ($XYZ) project stands out from typical memecoins due to its long-term vision, clear roadmap, and engaged community. By merging the worlds of sports and crypto, XYZVerse has garnered significant investor interest and was recently recognized as “Best NEW Meme Project,” further strengthening its appeal.
Price Dynamics and Listing Plans
The $XYZ token has experienced consistent growth during its presale phase, with its price climbing from $0.0001 at launch to $0.003333 currently.
The price is expected to reach $0.005 in the next stage and $0.02 at the final presale stage, after which the token will be listed on major centralized and decentralized exchanges.
Early investors could see returns of up to 1,000x if the project achieves the required market capitalization, with a projected listing price of $0.10.
The presale has already raised over $10 million and is nearing its next milestone of $15 million, indicating strong demand from both retail and institutional investors.
XYZVerse Takes the Community-Driven Approach
The XYZVerse community is not just an audience; they are active participants whose dedication is rewarded with airdropped XYZ tokens. It’s a system where the most passionate members reap the greatest benefits.
With robust tokenomics, strategic CEX and DEX listings, and consistent token burns, $XYZ is primed for substantial growth. Each move is calculated to bolster its price and unite a community that believes in its extraordinary potential.
Dogecoin: The Memecoin That Challenged Traditional Cryptocurrency
Dogecoin (DOGE) is a cryptocurrency that was launched in 2013 as a fun alternative to traditional digital currencies. It features the Shiba Inu dog from the “Doge” meme as its logo. Unlike Bitcoin, which has a limited supply, Dogecoin was designed to be abundant, with no maximum limit and 10,000 new coins mined every minute. Created by Billy Marcus and Jackson Palmer, it started as a joke but quickly gained popularity due to its friendly and approachable image.
In 2021, Dogecoin saw a significant surge in value, entering the top ten cryptocurrencies by market capitalization with a total value exceeding $50 billion. This growth was driven by social media influence and endorsements from figures like Elon Musk. The technology behind Dogecoin is similar to other cryptocurrencies, relying on blockchain for secure transactions. Its potential lies in its strong community support and widespread recognition. In the current market cycle, Dogecoin remains a subject of interest, reflecting the power of community and social media in shaping market trends.
Shiba Inu (SHIB): Ethereum-Based Memecoin with Expanding Features
Shiba Inu (SHIB) is a cryptocurrency launched in August 2020, drawing inspiration from Dogecoin’s popularity. Unlike Dogecoin, SHIB operates on the Ethereum blockchain, which allows it to interact with a wide range of Ethereum applications. Created by an anonymous developer named Ryoshi, SHIB started with a supply of 1 quadrillion tokens. Half of these tokens were sent to Ethereum co-founder Vitalik Buterin. Buterin donated a large portion to the India Covid Crypto Relief Fund and “burned” 40% of the total supply, reducing the number of circulating tokens.
SHIB’s integration with Ethereum enables it to support decentralized applications like ShibaSwap, a platform for exchanging tokens. There are plans to develop an NFT platform and a governance system based on a decentralized autonomous organization (DAO). These developments aim to increase SHIB’s utility in the cryptocurrency space. In the current market cycle, SHIB’s growth in decentralized finance and NFTs may attract those interested in Ethereum-based projects.
PEPE: A Deflationary Meme Coin Inspired by Pepe the Frog
PEPE is a deflationary cryptocurrency launched on the Ethereum blockchain. It was created as a tribute to Pepe the Frog, an internet meme by Matt Furie that gained popularity in the early 2000s. PEPE aims to join the ranks of popular meme coins like Dogecoin and Shiba Inu, establishing itself as a leading meme-based cryptocurrency. The project appeals to the crypto community with its no-tax policy and a transparent focus on being a pure memecoin without utility.
In late April to May 2023, PEPE saw a significant surge, with its market cap reaching up to $1.6 billion. This growth turned early holders into millionaires and attracted a strong community of followers. The success of PEPE sparked what some call a “memecoin season,” with other meme-based tokens experiencing rapid rises and falls. The PEPE roadmap includes plans for listings on CoinMarketCap and major exchanges, aiming for widespread recognition. Its potential in the current market cycle is linked to the enthusiasm for meme coins and market trends. The coin’s future performance will depend on various factors, including market sentiment and the broader cryptocurrency cycle.
BONK: A Community-Driven Memecoin on the Solana Blockchain
BONK is a memecoin built on the Solana blockchain, featuring a Shiba Inu mascot. It aims to empower the Solana community by shifting influence away from venture capital tokens. After being listed on Coinbase, BONK’s value surged over 100%. The project positions itself as a “community coin,” having airdropped 50% of its supply to participants in Solana’s NFT and DeFi ecosystems.
BONK has integrated into the growing ecosystem of decentralized applications on Solana, including launching a decentralized exchange called BonkSwap. The coin faces challenges such as a high total supply and the inherent volatility common to memecoins. Its attractiveness in the current market cycle may be influenced by its community engagement and role within the Solana ecosystem.
Conclusion
While DOGE, SHIB, PEPE, and BONK show promise, XYZVerse unites sports fans in a memecoin aiming for exponential growth and lasting impact.
You can find more information about XYZVerse (XYZ) here:
The post From Zero to Lambo: 5 Meme Coins That Could 1000x Before Summer 2025 appeared first on Coinpedia Fintech News
Could a small stake today make someone a millionaire by summer 2025? This article explores five overlooked meme coins that might experience massive growth in the next couple of months. Dive into the world of these quirky digital assets that hold the potential to deliver extraordinary returns to those who spot them early. XYZ’s Capitalization …
In the crypto market, a new generation of on-chain banking products is currently taking shape. Highlighting this evolution, EVAA Protocol, the first and leading DeFi protocol on TON, is hosting deFINTECH, a legendary side event of TOKEN2049 Dubai, in collaboration with TAC, the Layer 1 TON EVM network extension that connects the TON blockchain with Ethereum apps, allowing Telegram users to access popular EVM applications directly from their TON wallet.
The event is supported by key partners, including sponsor Ston.fi, the leading DEX on the TON blockchain, and media partners BeInCrypto and INCRYPTED, providing official media coverage. The curated gathering will take place on April 30, 2025, from 2 PM to 6 PM at DAOS HUB Dubai, deFINTECH’s official venue partner.
deFINTECH brings together the builders, product leaders, and fintech visionaries who are actively reimagining the future of banking on blockchain rails. The event focuses on envisioning on-chain neo-banking—financial services built natively on-chain and natively integrated into everyday platforms like Telegram. This includes exploring stablecoin payments, Telegram-native wallets, tokenized vaults, and intuitive on-chain yield tools.
Hosted by EVAA Protocol, deFINTECH highlights the platform’s dedication to DeFi accessibility and efficiency. EVAA provides liquidity market solutions and leveraged staking strategies, integrated deeply with Telegram and top-tier TON applications like Tonkeeper, Notcoin, Ston.fi, FIVA, TG Wallet, and DeDust. This creates a frictionless experience for users to borrow, lend, and earn yield on TON.
Why deFINTECH Matters
With Telegram’s crypto ecosystem gaining significant traction and stablecoins becoming a preferred medium for payments and savings, particularly in emerging markets, novel opportunities are arising at the intersection of Web3, embedded finance, and real-world adoption. deFINTECH serves as a dedicated venue for those pioneering this transformation.
The event is designed for founders and product leads building on-chain fintech solutions alongside wallet teams, L1/L2 ecosystem developers, and Web3 banking infrastructure builders. It also brings together investors, early adopters in social finance and DeFi, institutional players exploring on-chain finance, media, and strategic contributors focused on this evolving sector. With 150–190 highly relevant guests expected, the event fosters an atmosphere centered on valuable connections and substantive discussions.
One unique aspect of deFINTECH is that it moves away from traditional conference formats. Instead of stages and panels, the event prioritizes meaningful dialogue, fosters early-stage collaboration, and encourages product-first conversations. The goal is to create an atmosphere where genuine connections are made and practical solutions for the future of on-chain finance are discussed. deFINTECH offers a focused environment for meaningful connections and strategic dialogue during the busy TOKEN2049 week. Attendance at the event is by invitation only.
What To Expect
Attendees can anticipate an afternoon centered around direct interaction and collaboration. The format includes focused roundtable discussions exploring the future of neo-banking and DeFi user experience. There will also be opportunities for live demos and product showcases presented in a casual, off-stage setting.
Attendees can also expect to participate in open networking with other participants, ensuring valuable interactions without superfluous presentations. deFINTECH cultivates a culture of co-creation, inviting attendees to actively take part in shaping the conversation rather than passively consuming content. The agenda features focused discussions, including insights from venture capital, partner spotlights, and collaborative talks, all interwoven with ample networking time.
The Venue: DAOS HUB Dubai
deFINTECH will be hosted at DAOS HUB Dubai, serving as the event’s official venue partner. Located in the heart of Dubai, DAOS HUB is a purpose-built ecosystem that provides a space where Web3 builders, contributors, and innovators can collaborate and grow. Its mission is to create an ideal environment for Web3 startups to thrive through network-native connections and curated access, making it a fitting backdrop for the event’s forward-looking conversations. The event runs from 2 PM to 6 PM on April 30, 2025.
“Web3 doesn’t need another conference. It needs a product room,” said Vlad Kamyshov, CEO of EVAA Protocol.“At deFINTECH, we stop pitching dreams and start building real tools — right inside Telegram, where our users already are. We believe stablecoin payments, Telegram-native wallets, and on-chain yield tools can reimagine banking—making it open, permissionless, and composable. This isn’t just a trend — it’s a movement. Our goal is to bring together the builders and visionaries shaping the next financial layer.”
For those actively working on Telegram-based payment rails, secure yield vaults for stablecoins, or compliance-friendly DeFi applications, deFINTECH offers a unique space to connect, collaborate, and contribute to the next wave of financial innovation.
