Crypto Market:- Exciting news from the crypto world! JuCoin Exchange, a veteran in the industry since 2013, is expanding its reach by entering the Taiwanese market. This move comes hot on the heels of Taiwan’s recent unveiling of new cryptocurrency regulations.

Now, JuCoin is stepping into a vibrant market already populated by well-known crypto exchanges like eToro, BitoPoro, MaiCoinGroup, and MAX Exchange, among others.

While Taiwanese users can’t immediately jump into trading on JuCoin, the exchange has already begun the essential process of applying for the necessary regulatory licenses.

Adding to the excitement, JuCoin has announced a significant commitment to the Taiwanese Web3 ecosystem. They’re launching the “Taiwan Web3 Accelerator” program with a massive 200 million TWD investment, contingent on reaching 100,000 users in the country – showing their confidence in the market!

What are the Benefits for Users in Taiwan?

​As JuCoin gears up for its Taiwan launch, users can look forward to a wide array of services! Expect to see their advanced trading platform, boasting support for a diverse selection of cryptocurrencies, perfect for portfolio diversification. Plus, users will get access to JuCoin’s Launchpad, a fantastic tool for supporting promising new crypto projects with their token launches.

And that’s not all! JuCoin is also planning to bring JuOne to Taiwan – their groundbreaking Web3 AI-powered cryptocurrency smartphone. Imagine a phone packed with cutting-edge Web3 features, AI smarts, and seamless 5G IoT connectivity! 

Furthermore, JuCoin is building JuChain, their own independent and permissionless public blockchain. This platform will empower developers to create decentralized applications (dApps) and easily issue digital assets, from fungible tokens (FTs) to the ever-popular non-fungible tokens (NFTs).

JuCoin themselves announced their Taiwan entry on Twitter:

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’s entry into Taiwan is remarkably timed, arriving just one day after Taiwan’s Financial Supervisory Commission (FSC) unveiled a draft of the Virtual Asset Service Act (VASA) on March 25th, designed to regulate the nation’s burgeoning cryptocurrency sector.

This new regulatory framework is all about setting clear rules of the road for Virtual Asset Service Providers (VASPs), with a core focus on boosting investor protection and ensuring strict adherence to anti-money laundering (AML) regulations. It’s about creating a safer and more trustworthy crypto environment.

The draft outlines key measures, including mandatory registration for all VASPs – meaning every crypto exchange wanting to operate in Taiwan will need to get licensed. Crucially for users, the FSC is also mandating the segregation of customer funds. This ensures your assets are held separately from company operational funds, adding a layer of security against mismanagement. Furthermore, if foreign crypto companies want to serve Taiwanese users, they’ll need to register locally, strengthening government oversight and accountability.

Interestingly, Taiwan has seen a significant surge in crypto adoption. Between Q3 2021 and Q3 2022, cryptocurrency ownership in the country jumped by an impressive 43%, highlighting the growing interest and engagement in digital assets.

Further solidifying security, the regulations also implement strict AML measures, requiring all platforms to adhere to Know Your Customer (KYC) policies and report any suspicious transactions. To ensure a safer trading space for everyone, the FSC aims to completely prohibit unregistered platforms from operating within Taiwan.

What’s  Next? Building the Taiwanese version of ‘Web3 Silicon Valley’

Beyond just entering the market, JuCoin has bigger ambitions for Taiwan’s crypto future – they’re aiming to cultivate nothing less than a ‘Web3 Silicon Valley’ right here in Taiwan!

To kickstart this vision, JuCoin has committed a substantial 200 million TWD investment. This significant funding will power the “Taiwan Web3 Accelerator” program, directly empowering the local Taiwanese community.

Through this initiative, the Developer Support Fund will offer up to $500,000 in seed funding for promising local projects in cutting-edge fields like AI, DePIN (Decentralized Physical Infrastructure Networks), and RWA (Real World Assets). These projects will also get priority listings on JuCoin’s Launchpad, giving them a significant boost. The overarching goal? To supercharge blockchain innovation in Taiwan and encourage homegrown startups to develop truly groundbreaking solutions.

JuCoin isn’t just about funding; they’re also investing in talent development. Teaming up with National Taiwan University and the Blockchain Association, JuCoin will launch the “Web3 Talent Training Camp.” This camp is designed to nurture the next generation of Web3 professionals by training 500 compliance and technical experts each year, strengthening the foundation of the Taiwanese Web3 ecosystem.

Disclaimer: The content may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.