Fintech PR
JuCoin Announces Taiwan Market Entry: Leading Web3’s Future Through Regulatory Compliance and Ecosystem Development
JuCoin formally applies for regulatory licenses, builds KYC system, and commits 200 million TWD to empower Taiwan’s community
SINGAPORE, March 27, 2025 /PRNewswire/ —
Embracing Regulation – JuCoin Aligns with Taiwan’s New Crypto Policies
Taiwan is becoming a benchmark for crypto regulation in the Asia-Pacific region. On March 25, the Financial Supervisory Commission (FSC) of Taiwan released a draft of new regulations requiring all Virtual Asset Service Providers (VASPs) to complete registration by the end of September. This policy marks Taiwan’s transition from “self-regulation” to “legal regulation,” aligning with frameworks in the EU, Japan, and other regions.
Against this backdrop, JuCoin, as the world’s first service-driven cryptocurrency exchange, has taken the lead in initiating regulatory compliance in the Taiwan market:
- Accelerated License Application: Submitted VASP registration materials to the FSC, creating multiple regulatory safeguards in combination with global compliance licenses such as the US MSB
- Localized KYC System: Launched customized real-name verification processes for Taiwan users, combining AI facial recognition with on-chain transaction monitoring (KYT) to ensure compliance with Anti-Money Laundering Act requirements
- Regulatory Compliance and Governance: Established AML mechanisms, risk assessment models, and Customer Due Diligence (CDD) processes to ensure compliance with Taiwan’s Anti-Money Laundering Act and FSC regulatory requirements
- Security Architecture Upgrade: Implemented cold and hot wallet segregation management, multi-signature private key controls, and network security incident response plans, benchmarked against FSC’s “Virtual Asset Custody Security Guidelines”
- Trading Fairness: Developed asset listing/delisting review standards and market manipulation prevention rules to implement FSC’s “Fair Operation Principles for Trading Platforms”
- Network Security Assessment: Integrated the MITRE ATT&CK framework to conduct penetration testing of trading systems and API interfaces to prevent high-risk vulnerabilities such as “Cross-Site Scripting (XSS)” and “Replay Attacks”
These initiatives deeply align with Taiwan’s “progressive compliance” approach. As stated by a Taiwan crypto industry builder: “The balance between industry self-discipline and regulatory oversight will be the cornerstone of Taiwan’s Web3 rise.”
The Ecosystem Ambition Behind 200 Million TWD Investment
The vitality of Taiwan’s crypto community is evident from Memecoin culture to DePIN hardware innovation, from developer geeks to retail Degens. JuCoin announces that if Taiwan users exceed 100,000, 200 million TWD will be invested to launch the “Taiwan Web3 Accelerator” program, including:
- Developer Support Fund: Providing up to $500,000 seed investments to local AI, DePIN, and RWA projects, with priority listing on JuCoin Launchpad
- Education Initiative: Collaborating with Taiwan universities and blockchain associations to establish “Web3 Talent Training Camps,” cultivating 500 compliance and technical experts annually
- Node Building Incentives: Opening JU node mining qualifications, allowing users to participate in ecosystem governance through AIC token staking
- Cultural IP Incubation: Funding NFT artists and chain game studios to promote on-chain integration of local cultural assets such as Mazu culture and Hakka traditions, exploring new models of “Cultural Asset Tokenization” (CAT)
“Taiwan’s community is not just users, but ecosystem co-builders,” emphasized JuCoin’s Global Strategic Partner. “The 200 million TWD is just the beginning. Future resources from the group will help create Taiwan’s ‘Web3 Silicon Valley’.”
The Technical Foundation JuCoins Service-Driven Approach
For the Taiwan market, JuCoin is deploying three core technical advantages:
- Layer3 Public Chain JuChain: Designed for high-frequency trading, supporting tens of thousands of transactions per second with fees as low as $0.001, helping Taiwan’s DeFi and GameFi projects achieve low-cost on-chain operations
- AIC Earning Ecosystem: Users staking AIC tokens can enjoy competitive annual yields with highly transparent on-chain funds, eliminating “Ponzi” schemes
- Compliant Cross-Chain Bridge: Supporting bidirectional exchange between New Taiwan Dollar (TWD) and USDT, achieving seamless fiat channel integration through local institutions such as Chunghwa Telecom and Cathay Bank
Compared to traditional CEXs, JuCoin’s “service-driven” philosophy better meets Taiwan’s needs. For example, its invested AIConnect project has integrated 3,000 NVIDIA GPU servers to provide distributed supercomputing services for Taiwan’s AI startups—a “technology empowering reality” model that Taiwan’s industrial upgrade requires.
Industry Co-Governance with Taiwan Regulators and Community
JuCoin’s Taiwan strategy is not a solo mission but builds a “regulator-platform-user” triangle:
- Regulatory Collaboration: Participating in FSC’s “Virtual Asset Special Law” draft discussions, contributing CEX risk control experience
- Industry Self-Discipline: Joining the Taiwan Virtual Asset Service Providers Association (TWVASP), promoting the establishment of an “Exchange Security White Paper”
- User Governance: JU token holders can vote on Taiwan community fund allocation, achieving “democratic returns”
“Taiwan doesn’t lack speculators, but long-term stakeholders,” commented blockchain media “Intelligent Computing Era.” “JuCoin’s regulatory commitment and ecosystem investment may become key variables in breaking the industry’s ‘Ponzi cycle’.”
Building Taiwan’s New Web3 Era in the Name of Service
Since its birth in 2013, JuCoin has always practiced the “Driven. Focused. Successful” philosophy. Today’s entry into Taiwan is not just an expansion of business territory, but an elevation of the “service-driven” value where compliance is not a shackle but a foundation of trust; community is not traffic but an ally in co-creation; technology is not a gimmick but a tool for inclusion.
“Let every Taiwan builder anchor value in the Web3 wave.” This path may be long, but with the 200 million TWD seed planted, we are already seeing the emerging light.
About JuCoin:
Founded in 2013, JuCoin stands as one of the cryptocurrency industry’s longest-operating exchanges and the world’s first service-driven crypto platform. With operations spanning over 30 countries and serving more than 12 million users, JuCoin has evolved into a comprehensive digital asset ecosystem encompassing JuChain (Layer 3 blockchain), JuOne (Web3 AI-encrypted smartphone), JuChat (Web3 super app), and JuCoin Labs (innovation hub), all powered by the JU token. This integrated ecosystem reflects JuCoin’s service-driven philosophy, designed to remove friction between centralized and decentralized finance while providing users with a seamless, secure, and rewarding crypto experience across all touchpoints.
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View original content:https://www.prnewswire.co.uk/news-releases/jucoin-announces-taiwan-market-entry-leading-web3s-future-through-regulatory-compliance-and-ecosystem-development-302413015.html
Fintech PR
TutorABC Expands Leadership Team to Drive Global Growth in Language Learning and Livestreaming E-Commerce Innovation
TAIPEI, March 31, 2025 /PRNewswire/ — TutorABC, a global leader in online education and live-streaming e-commerce, has appointed George Loup and Maximilian Corbet Smith as Directors of Business Development to lead strategic global expansion. George will oversee language learning and corporate training solutions, while Maximilian will spearhead the global licensing of TutorABCShop.com, the company’s innovative live-commerce platform.
Expanding Global Presence in Language Learning & Corporate Training
George Loup brings over a decade of international education experience, focusing on establishing new partnerships for TutorABC‘s language courses and corporate training solutions. The company already provides premium language training to employees at global enterprises including Apple, Google, Microsoft, and HSBC, leveraging an AI-powered platform that enhances workforce communication and reduces operational costs.
TutorABCShop.com – The Most Advanced Live-Streaming E-Commerce Platform
TutorABCShop.com, backed by US$300 million investment and 19 patented technologies, is revolutionizing retail through innovative live-commerce solutions. The platform offers:
- Interactive Shopping in Real Time
- Seamless Multi-Platform Streaming
- Maximizing Instant Conversions
- Engagement Through Entertainment & Education
- Advanced Data & Analytics
Strengthening TutorABC’s Global Leadership
“George and Maximilian bring unparalleled expertise in business development and technology-driven solutions,” said Co-Chairmen Rodney Miles and Samuel Yang. Both executives, educated in the UK and with extensive international experience, are well-positioned to drive TutorABC‘s global expansion in education and e-commerce innovation.
TutorABC has built strategic global partnerships with some of the world’s most prestigious educational institutions and corporations, including Oxford and Cambridge Universities, National Geographic, Barron’s, Kaplan, the British Council, and ETS, reinforcing its dedication to world-class, high-quality education and enterprise solutions.
Blending Strategic Expertise with Global Experience
With over six years of business development experience, Maximilian has led expansion efforts across England, Europe, and Asia, driving market growth and forging strategic partnerships worldwide. He has a proven track record in scaling technology solutions for enterprise clients, with previous clients including HSBC, Lloyds Banking Group, Close Brothers, Virgin Money, Imperial Hotels, Mastercard, EY, and many others.
George, with over a decade of experience in international education, has played a pivotal role in expanding global partnerships and increasing access to premium language and corporate training programs.
Born and raised in Hong Kong, Maximilian and George both bring a unique international perspective. Educated in the UK at Harrow School (Maximilian) and Eton College (George), as well as Manchester University, they are well-positioned to lead TutorABC‘s global expansion and innovation efforts.
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View original content:https://www.prnewswire.co.uk/news-releases/tutorabc-expands-leadership-team-to-drive-global-growth-in-language-learning-and-livestreaming-e-commerce-innovation-302415184.html
- As Energy Storage holds a key role in the support of the grid and energy transition efforts, Sungrow’s ESS Experience Day in Munich was a insightful opportunity for leading experts across Europe to exchange thoughts on this crucial topic towards a sustainable future.
- The event was followed by almost 300 attendees and covered a broad range of topics, relevant to the technological, business and safety implications of ESS.
MUNICH, March 31, 2025 /PRNewswire/ — Reconfirming its commitment to supporting its partners and driving the transition to a clean and sustainable future, Sungrow successfully hosted the ESS Experience Day in Munich on the 20th of March, bringing together industry experts, partners, and stakeholders to explore the latest advancements in Energy Storage Systems (ESS). The event underscored Sungrow’s devotion to driving the transition towards a more resilient, stable, and renewable-powered energy landscape across Europe.
Energy Storage: A Cornerstone for Europe’s Renewable Future
As Europe accelerates its shift to renewable energy, the need for grid stability and flexibility has never been greater. Energy Storage Systems play a critical role in balancing supply and demand, enabling a higher penetration of renewables into the grid. By 2030, Europe aims to generate at least 45% of its energy from renewable sources, according to the European Commission’s REPowerEU plan[1].
However, intermittent generation from solar and wind requires advanced storage solutions to maintain grid stability and prevent curtailment. The deployment of ESS projects requires advanced technologies, but also strong collaboration between involved parties and devoted teams of experts that secure the swift and efficient operations, as Mr. Shawn Shi, Vice President of Sungrow and President of Sungrow Europe emphasized in his speech that opened the event. “The outstanding result that made possible the commercial operation of the BW ESS Bramley 331MWh project in just 12 days after the grid energization, reflects not only the technical innovation of PowerTitan 2.0, It is also a reflection of our excellent delivery management capabilities and close collaboration with our partners.”
An Evening Full of Insights and Meaningful Discussions
The event in Munich acted as a platform to exchange in-depth knowledge and thoughts by experts of the industry, case studies, while the almost 300 attendees had also the opportunity to experience hands-on demonstrations of Sungrow’s state-of-the-art latest battery storage systems, the liquid-cooled PowerStack 200CS and PowerTitan 2.0.
One of the highlights of the event was the presentation, “Policies & Trends of Battery Storage” by Mr. Antonio Arruebo, Market Analyst at SolarPower Europe (SPE), which included an exclusive preview of preliminary figures from the SPE Battery Outlook, the leading report about the current and future development of the field, that will be officially published at Intersolar in May 2025. Mr. Arruebo underlined the need for flexibility of the grid, predicting that EU power flexibility needs to increase five-fold by 2030 and batteries & demand response can meet 2/3 of the flexibility requirements. At the same time, the forecast beyond 2024, is that the European BESS market is expected to expand by 30-40% year on year to reach 260 GWh by 2028, while the high scenario by SPE foresees that this figure could reach up to 400 GWh by the same year.
The agenda of the event covered a broad range of issues related to the ESS and energy transition, including the latest developments on Grid Forming Capabilities by Dr. Ivan Volodin, ESS Product Manager at Sungrow Europe, and the impressive PowerTitan 2.0 Large-scale Burn Test presented by Mr. Yang Ye, Senior Technical Marketing Manager at Sungrow OSKA, showcasing the latest developments on the BESS safety. Moreover, Mr. Andres Doebel, Head of ESS for the DACH region at Sungrow Europe emphasized in his speech the crucial aspect of the one-brand solution in securing a successful ESS project and Mr. Robert Von Wahl, Director of Sungrow EV Charging Europe, analysed the opportunities that ESS holds also for the crucial role of EV charging infrastructure and operation in Europe.
The event hosted also the presentation of two case studies, showcasing two milestone ESS projects in the region, the Bramley 100MW/331MWh ESS project by BW ESS in the UK and the Vilvoorde 200MW/800MWh ESS project by Engie in Belgium. Dr. James Li, ESS Director Europe of Sungrow, highlighted the successful delivery story of the Bramley BESS project, while Mr. Dries Herman, Technical Project Manager of the Vilvoorde project draw attention on the key factor of flexibility to deploy more renewable energy and fight negative prices and price volatility.
Finally, the panel discussion, with the ESS Analyst Mrs. Starry Ce, the Vice President of Strategy and Development of the Griffin Group Energy Mr. Adam Zalewski, the Director of Product and Supply Chain of Kyon Energy Mr. Florian Diehm, the CCO of Entrix Mr. Lars Löhle and Dr. Stefan Zhao, Director of Sungrow European Research Institute, conclude the main part of the event, with a valuable debate on the challenges and opportunities that the present and future holds on ESS development and energy transition.
As the global energy storage market is bolstered by an annual growth rate of 21% to 137GW/442GWh by 2030 (BloombergNEF[2]), the Europe emerging as a key driver of growth. Events like the ESS Experience Day in Munich serve as crucial platforms for knowledge-sharing and fostering partnerships that accelerate the deployment of storage technologies. The success of the ESS Experience Day in Munich marks another milestone in Sungrow’s mission to lead the renewable energy transition with reliable, efficient, and sustainable storage technologies and services.
- https://energy.ec.europa.eu/topics/renewable-energy/renewable-energy-directive-targets-and-rules/renewable-energy-targets_en
- https://about.bnef.com/blog/global-energy-storage-market-records-biggest-jump-yet/
About Sungrow
Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s No. 1 on PV inverter shipments (S&P Global Commodity Insights) and the world’s most bankable energy storage company (BloombergNEF). Its innovations power clean energy projects in over 180 countries, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com
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View original content:https://www.prnewswire.co.uk/news-releases/sungrow-ess-experience-day-munich-accelerating-to-a-sustainable-future-for-europe-302415180.html
Fintech PR
BRI Holds 2025 Annual General Meeting of Shareholders (AGMS), Distributes IDR 51.73 Trillion in Dividends and Prepares for IDR 3 Trillion Buyback
JAKARTA, Indonesia, March 29, 2025 /PRNewswire/ — PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) held its Annual General Meeting of Shareholders (AGMS). At this year’s AGMS, BRI approved the distribution of dividends amounting to IDR 51.73 trillion, an increase compared to the 2024 dividend of IDR 48.10 trillion. In addition, BRI will also carry out a share buyback of up to IDR 3 trillion.
BRI’s 2025 AGMS approved 10 agenda items, with three key topics highlighted by Corporate Secretary Agustya Hendy Bernadi: dividend distribution, share buyback, and management changes.
Use of the Company’s Net Profit (Cash Dividend Distribution)
For the 2024 fiscal year, BRI posted a consolidated net profit of IDR 60.15 trillion, allocating up to IDR 51.73 trillion for cash dividends. An interim dividend of IDR 20.33 trillion (IDR 135 per share) was distributed on January 15, 2025, leaving a remaining payout of up to IDR 31.40 trillion. Of the total, IDR 27.68 trillion will go to the state, with the rest distributed proportionally to shareholders listed on the recording date.
Share Buyback Plan
In addition to the dividend distribution, BRI’s 2025 AGMS also approved the company’s plan to repurchase or buy back shares in an amount of up to IDR 3 trillion. The buyback will be carried out through the Stock Exchange or outside the Stock Exchange.
Changes to the Company’s Management
The 2025 AGMS resolved changes to the company’s management, including the honorable discharge of the following 19 individuals, among them Sunarso as President Director and Catur Budi Harto as Deputy President Director.
Additionally, BRI appointed 16 individuals, including Hery Gunardi as President Director and Hakim Putratama as Director of Operations.
The AGMS also reassigned Agus Noorsanto from Director of Wholesale and Institutional Business to Deputy President Director, and Ahmad Solichin Lutfiyanto from Director of Compliance to Director of Human Capital & Compliance.
In total, BRI’s 2025 AGMS discussed and resolved 10 agenda items. The complete resolutions are available on the BRI website at www.bri.co.id
“The decisions made in this AGMS reflect BRI’s commitment to continuously improve performance and deliver added value to shareholders and other stakeholders,” concluded Hendy.
For more information about BANK BRI, visit www.bri.co.id
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