KuCoin Commits $2 Billion to Trust Project for Crypto Security
KuCoin has launched the “Trust Project,” committing $2 billion to enhance security and transparency in the crypto ecosystem. This initiative aims to ensure compliance with global regulations and build trust in digital assets.
- Announcement made by CEO BC Wong at TOKEN2049 Dubai.
- The project focuses on responsible innovation, infrastructure neutrality, and safety measures.
- Resources will be directed toward building credibility and user protection.
- KuCoin’s operations will maintain user-centric principles.
Additionally, KuCoin recently expanded into Thailand with a new platform, holding a license from the local Securities and Exchange Commission. The exchange also applied for a MiCAR license in Austria to extend regulated services across 30 EU and EEA countries, with Vienna chosen as its EU headquarters.