Crypto Market:- JuCoin Exchange, the 2013-founded and among the industry’s longest operating exchanges, has made its entry into the Taiwanese market after the country released new crypto regulations on March 25.
With this move, it is entering the market that has already established players operating as crypto exchanges such as eToro, BitoPoro, MaiCoinGroup, MAX Exchange among others.
Though it has not immediately started offering its services in the crypto market of Taiwan, JuCoin has initiated the process by applying for mandatory regulatory licenses.
Further, it has also announced launching the “Taiwan Web3 Accelerator” program of 200 million TWD if its users base in the country exceed the number of 100,000.
What are the Benefits for the crypto market of Taiwan?
As JuCoin prepares to enter Taiwan’s crypto market, users can anticipate access to a comprehensive suite of services such as its advanced trading platform which supports a wide range of cryptocurrencies, enabling users to diversify their portfolios effectively. The users will also get access to its Launchpad function which can help in assisting emerging crypto projects with their token launches.
Notably, it also plans to introduce JuOne, a Web3 AI-powered cryptocurrency smartphone that integrates top Web3 features, AI-driven intelligence, and a 5G IoT network.
Enhancing its presence in the crypto market, it is also developing its JuChain, an independent and permissionless public blockchain that facilitates the creation of decentralized applications (dApps) and the issuance of assets, including fungible tokens (FTs) and non-fungible tokens (NFTs).
JuCoin Announces Taiwan Market Entry: Leading Web3’s Future Through Compliance and Ecosystem Building
On March 25, Taiwan emerged as a benchmark for crypto regulation in the Asia-Pacific region. The Financial Supervisory Commission (FSC) of Taiwan released a draft of new… pic.twitter.com/hwSjnrv8kC
— JuCoin (@Jucoinex) March 27, 2025
Entry Amid New Crypto Regulations in Taiwan
JuCoin Exchange is entering the crypto market of Taiwan only a day after Taiwan’s Financial Supervisory Commission (FSC) released the VASA Act Draft on March 25 for regulating the operations of Virtual Asset Service Act (VASA) providers and the country’s cryptocurrency industry.
The proposed framework seeks to establish clear guidelines for Virtual Asset Service Providers (VASPs), enhancing investor protection and ensuring compliance with anti-money laundering (AML) regulations.
Key aspects of the draft include mandatory registration for VASPs, requiring all crypto exchanges operating in Taiwan to obtain a license. The FSC also introduces segregation of customer funds, ensuring that user assets are stored separately from company funds to prevent mismanagement. Additionally, foreign crypto firms must register locally to serve Taiwanese users, reinforcing government oversight.
Notably, between Q3 2021 and Q3 2022, crypto market of Taiwan experienced a 43% increase in cryptocurrency ownership, with a significant upward trend in adoption.
And now these new legislation enforces strict AML measures, requiring platforms to comply with Know Your Customer (KYC) policies and report suspicious transactions. Furthermore, the FSC seeks to ban unregistered platforms from operating within the country, ensuring a more secure trading environment.
What’s Next? Building the Taiwanese version of ‘Web3 Silicon Valley’
Apart from marking its entry in the crypto market, JuCoin has also announced its future plans for the evolving crypto landscape in the country by aspiring to build a Taiwanese version of ‘Web3 Silicon Valley’.
The company has pledged investing 200 million TWD to empower the Taiwanese community which will fund its to-be launched “Taiwan Web3 Accelerator” initiative.
The Developer Support Fund will provide up to $500,000 in seed investments to support local AI, DePIN, and RWA projects, with priority listings on JuCoin Launchpad. This funding basically aims to accelerate blockchain innovation and encourage local startups to develop cutting-edge solutions.
In collaboration with National Taiwan University and the Blockchain Association, JuCoin will also be establishing the “Web3 Talent Training Camp” to train 500 compliance and technical professionals annually.
Thus, with another new player entering the crypto market of Taiwan, we can expect more advancements and adoption as the new regulation also takes shape.
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