Why is the exchange of coding $ 2 billion in confidence?
At Tokeen2049 in Dubai, the CEO of Kucoin BC Wong announced the “confidence project”, an initiative worth $ 2 billion aimed at enhancing transparency, security and compliance in the cryptocurrency industry. The move comes at a time when the encryption sector is facing the increasing organizational audit and the need for more user confidence.
Reflecting the encryption exchange role
In a committee entitled “What is Next for Crypto Markets: The Exchange Perspective”, BC Wong emphasized that encryption exchanges develop from just trading platforms to an integral infrastructure. Cocoin’s investments highlight the repair of its wallet structure, the development of data systems in actual time, and the enhancement of safety frameworks. With more than 1,000 global employees, the majority in engineering roles, Kucoin focuses on technical excellence and expansion.
Wong edited,
“The role of the stock exchanges has changed. It is no longer enough to start quickly and fix it later. We must cooperate with the organizers from the first day – because confidence has not only gained from users; it should be based on the entire financial ecosystem.”
Trust Project: a commitment of $ 2 billion
The confidence project is Cocoin’s response to the inability to confidence in the industry. The initiative focuses on four main areas: transparency, compliance, user protection and long -term sustainability. By investing in these areas, Kucoin aims to set new standards for this industry. Oliver Stop, CEO of Kucoin Eu, joined the Wong on the stage to present the initiative, focusing on the need for platforms worth the user’s confidence. The project also aims to integrate the original code of Kucoin, KCS, deeper into the ecosystem, which enhances interest and wisdom functions.
Mobility in the organizational landscape
Cocoin’s strategy includes proactive participation with the organizers. The company collected a team of more than 20 scientists and analysts focusing on compliance, reserve proof, and transparent reports. Wong noticed that in some markets, organizers expect to participate from the early stages of the development of products. He also mentioned plans to re -introduce South Korea after obtaining compliance in the main judicial states such as the United States, the European Union, China and India.
Looking at the future, Kucoin plans to launch dedicated and compatible platforms in Europe and Australia in the second half of 2025. These platforms will be part of the wider effort to expand the KCS environmental system and bring more global user benefit. The company believes that the organization should be seen as a long -term credibility instead of registration. Through leadership in transparency, risk management and organizational cooperation, Kucoin aims to form the next chapter of the encryption industry.
Final ideas
The KUCOIN project, which costs $ 2 billion, represents a major investment in the future of the cryptocurrency. By focusing on transparency, security and compliance, the company takes proactive steps to face industry challenges. This initiative can put a precedent for other exchanges and contribute to a more ripe and reliable encoding environment.
Do not forget to love and share the story!
Detection of the acquired interest: This author is the publication of an independent shareholder across
