Author: CryptoCurrencyNews

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BANGKOK, June 13, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has announced the launch of KuCoin Thailand, a licensed digital token and cryptocurrency exchange operating under the supervision of Thailand’s Securities and Exchange Commission (SEC). The platform is now officially open to all eligible users in Thailand after an initial invite-only phase.

This marks the first fully regulated local digital asset exchange under KuCoin’s brand—an important milestone in the company’s mission to build fast, secure, and user-friendly infrastructure for crypto users around the world. KuCoin’s recent SOC 2 Type II and ISO 27001 certifications further reinforce its commitment to the highest standards of security and regulatory compliance.

KuCoin Thailand leverages KuCoin’s world-class global technology, adapted to meet the needs and preferences of Thai users. With a focus on robust security, intuitive design, and a localized user experience, it sets a new benchmark for digital asset engagement in Southeast Asia. The platform also offers seamless Thai Baht fiat on-ramp and off-ramp solutions, making crypto access easier than ever.

“We are thrilled to see the official launch of KuCoin Thailand, a significant milestone in our global compliance journey. At KuCoin, compliance and user security have always been guiding principles — not just strategic choices, but steadfast commitments to our users.

From being the first global exchange to register with India’s FIU to now launching the first local compliant platform in Thailand, this marks a significant step toward strengthening our presence in the fast-growing markets of South East Asia, and more importantly, bringing secure, accessible crypto services to users where they are.” BC Wong, CEO of KuCoin comments.

Thailand continues to lead cryptocurrency adoption in Southeast Asia, supported by progressive regulations and strong government backing. In 2023, approximately 13 million Thais—about 18% of the population—were using cryptocurrency. Looking ahead, the government is preparing to enable tourists to spend crypto through credit card integrations, further advancing the country’s digital asset ecosystem.

The launch of KuCoin Thailand reflects KuCoin’s broader vision of making cryptocurrency accessible to everyone, everywhere—while remaining fully compliant with local regulations. All eligible Thai users can now visit www.kucoin.th to explore the platform’s offerings and start their crypto journey.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 41 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

Learn more: https://www.kucoin.com/

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SINGAPORE, June 11, 2025 /PRNewswire/ — On June 3rd 2025, DFINITY Foundation hosted a market-leading selection of international technologists, developers, policy makers, community members, builders, and pioneers in Zürich for the second World Computer Summit  (WCS) – a one-day event dedicated to the future of the open internet.

The event focused on several themes, all critical to the realisation of the World Computer vision. These included the topics of decentralised compute, sovereign cloud and data infrastructure, tamperproof and autonomous infrastructure, the role and need for AI on chain, the investment and regulatory landscape, and the many efforts DFINITY is undertaking to help make digital landscapes safer, more productive, and more interconnected than ever before. The diverse range of influential speakers spanned companies and institutions such as Animoca Brands, UNDP, Cisco, Heidrick & Struggles, ETH Zurich, 21Shares, Boston Consulting Group, Credit Agricole Italia, and many more, who all shared a similar message: decentralization and AI adoption are no longer abstract concepts or nice to haves – but an urgent, achievable reality.

With more than 1,000 attendees welcomed for a Main Stage program of keynotes, panels, firesides, demos, the most notable moment of the day came just before the event’s close, as DFINITY Foundation’s Founder and Chief Scientist, Dominic Williams, unveiled a new paradigm for the Self-Writing Internet.

As Dom delivered the world’s first, live, onstage demo of DFINITY’s hotly anticipated Caffeine AI tool, it was clear for all those in attendance that this secure, customisable, end-to-end, app builder has the potential to radically transform the lives of anyone with internet access – all through its easy-to-use natural language prompt and highly intuitive user interface. He also announced the opening of the hotly anticipated waitlist for alpha access, with sign ups now accessible via the dedicated microsite join.caffeine.ai. Caffeine is the world’s first self-writing apps platform, and represents a milestone development for DFINITY Foundation.

Community engagement and developer activations

One of the most notable aspects of WCS25 was the strength and enthusiasm of the ICP builder and holder community, with an entire section of the event staged to platform, engage, and demonstrate ICP’s exceptional capabilities to builders of all levels of growth. From early-stage developers to established dapp teams and infrastructure providers, this part of the event highlighted the diversity and momentum of the ICP ecosystem.

Pitches and Panels in this section included notable ICP projects, such as KongSwap, Liquidium, PiggyCell, Omnity Network, and more.

Throughout the day, the Ecosystem Stage played host to an engaging array of demonstrations, project pitches, use cases and builder tools, spanning DeFi, Agentic AI, RWA, and more. DFINITY’s expert teams also delivered critical project milestone updates and capability demonstrations for OISY Wallet and Chain Fusion technologies, to name just a few.

A new era of Internet Computer 2.0

As the Summit drew to a close, it was clear that the movement for an open, decentralized Internet focusing on accessibility, data sovereignty and ownership is growing – and will be fueled by a combination of developer ambition and AI capabilities. The DFINITY Foundation remains steadfast in its commitment to pushing forward to make this vision a reality, pushing the boundaries of what is possible and contributing to the development of breakthrough, real-world, applications.

Speaking on the demonstration, Dominic Williams said, “We are proud to announce the advent of Internet Computer 2.0. The network now provides a unique cloud computing environment that enables AI to build solo. Today we demonstrated an incredible alpha version of the platform, which will be followed by a beta in about a month that will be released to the public. We are targeting a future where everyone in the world can create online functionality just by talking.”

Catch up on a recording of the live demonstration here. Check out more information about DFINITY and ICP’s vision here.

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VICTORIA, Seychelles, June 11, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has unveiled a groundbreaking $100 million Guardian Fund to enhance user safety and trust across its platform. This fund is designed to provide a strong safeguard for users facing severe security threats, such as large-scale exploits, targeted attacks, or unforeseen system vulnerabilities. In a move toward greater accountability, MEXC has made the fund fully transparent by disclosing wallet addresses publicly—setting a new industry standard for proactive risk management and user protection.

Complete Transparency And User Access

MEXC’s $100 million Guardian Fund is built on a foundation of complete transparency. All fund wallet addresses ( including holding USDT wallet address here), will be publicly displayed on MEXC’s website, allowing anyone to verify balances and monitor transactions through the blockchain. Users can see exactly how much is available, review the full transaction history, and independently verify the fund’s integrity—ensuring confidence through verifiable data.

MEXC will create a special webpage where users can view wallet addresses, check fund balances, understand coverage scenarios, and track active compensation cases. This central hub provides complete visibility into how the fund works and what’s covered. By combining transparent fund management with a user-friendly interface, MEXC empowers its community with the tools and visibility needed to stay informed and protected.

What’s Covered

The fund covers various security incident scenarios such as:

Platform Breaches: Compensation when MEXC’s systems are compromised

Technical Problems: Protection from losses due to serious system vulnerabilities

Flexible and Responsive Protection

Unlike traditional third-party insurance, which often involves lengthy claims processes and delays, MEXC’s $100 million Guardian Fund offers a more agile and transparent approach. The fund is readily available and can be deployed swiftly once a security incident is verified—ensuring users receive timely support without the red tape.

Security and User First

In light of recent high-profile hacks across the industry, the importance of security can’t be overstated,” said Tracy Jin, COO of MEXC. “At MEXC, we take security seriously—and we take action. The $100 million Guardian Fund is our way of leading by example. We’re not only strengthening our internal defenses, but also offering real, transparent protection for our users. This isn’t just about promises—it’s about accountability, and delivering visible safeguards when they matter most

The launch of the Guardian Fund underscores MEXC’s ongoing commitment to providing industry-leading security alongside its services. In addition to this new fund, MEXC also maintains a Proof of Reserves mechanism and a dedicated Insurance Fund Account for futures trading. The Proof of Reserves ensures that all user assets are 100% backed, while the Insurance Fund Account is designed to cover any shortfalls when users’ losses during liquidation exceed their available margin. Together, these measures highlight MEXC’s strong focus on asset security and risk mitigation. Combined with the $100 million Guardian Fund, MEXC offers traders comprehensive protection against extreme market volatility.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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VIENNA, June 10, 2025 /PRNewswire/ — Double reinforcement for KuCoin EU: With the appointment of Christian Derler as Chief Commercial Officer (CCO) and Managing Director for KuCoin EU Financial Services GmbH & Tamara Rubey as General Counsel and Managing Director of KuCoin EU Payment Services GmbH, the company’s four-member leadership team is now complete. KuCoin EU is currently undergoing the MiCAR licensing process with the Austrian Financial Market Authority (FMA) and is strategically building on experienced leadership with deep expertise in banking, payments, and crypto regulation.

Christian Derler brings more than 20 years of experience in traditional banking. Most recently, he led the Depositing, Asset Management and Private Banking Division at BKS Bank. At KuCoin EU, he will oversee Business Development & Sales, Marketing & Growth, along with other key operational functions.

Tamara Rubey is a lawyer with previous roles at PSA, Coinpanion, and Bitpanda, bringing strong expertise in crypto regulation and payment services. She is recognized as an expert in payments. At KuCoin EU, she will serve as General Counsel, managing legal and regulatory affairs and leading KuCoin EU Payment Services GmbH.

“I see a once-in-a-lifetime opportunity. KuCoin EU offers the perfect platform to apply my leadership experience and industry expertise – and be part of a real movement for the future,” says Christian Derler. “We’re building a product offering for Europe that will set new industry standards. The combination of global strength and European innovation is truly unique.”

Oliver Stauber, CEO of KuCoin EU on the new appointments:

“With Christian Derler and Tamara Rubey, we’re bringing in two top-tier professionals who perfectly complement our leadership team. Christian offers deep market knowledge and strategic insight from two decades in banking and finance, while Tamara elevates our legal capabilities with regulatory precision and a strong digital mindset. Together with COO Christian Niedermüller, our executive team is now ideally positioned to establish KuCoin EU as a strong force in Europe.”

BC Wong, CEO of KuCoin, adds:

“Operating securely and compliantly has always been a core strategy and unwavering commitment for KuCoin. From initiating the MiCAR license application to building a local presence in Europe and onboarding seasoned professionals with traditional finance and legal backgrounds—these are all deliberate steps in fulfilling that promise. And this is just the beginning. We will continue to build a secure and trustworthy platform for users across the globe.”

Four Managing Directors Leading KuCoin EU in Europe

KuCoin EU’s leadership team now consists of CEO Oliver Stauber, COO Christian Niedermüller, CCO Christian Derler, and General Counsel Tamara Rubey.

About KuCoin EU

KuCoin EU Exchange GmbH, based in Vienna, Austria, is committed to establishing a fully compliant digital asset brokerage under the MiCAR framework. By leveraging KuCoin’s advanced technology and nurturing the respected KuCoin brand, KuCoin EU aims to deliver secure and innovative crypto products and services to its customers within the European Economic Area (EEA).

KuCoin EU Exchange GmbH currently does not offer any services in the EU/EEA and will only commence operation upon receiving appropriate licensing.

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PANAMA CITY, June 9, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange and Web3 AI company, is proud to share the reveal of the 2025/26 Chelsea FC training kit, marking its second consecutive year as the Club’s Official Men’s Training Kit Partner. Central to this launch is the campaign “Trained on Greatness”, a powerful brand message delivered through a dynamic launch video and new visual identity, connecting the rigorous discipline of elite sports with the precision and performance of next-gen AI trading.

While the BingX logo remains proudly displayed on Chelsea FC’s official training kit, the new “Trained on Greatness” campaign deepens the shared mindset into sharper focus. From every training drill to every trading move, both teams perform with purpose, focus, and intensity. The campaign reflects how greatness is forged through discipline, preparation, and smart use of data and technology. Whether on the pitch or in the market, BingX and Chelsea FC stand united in their pursuit of excellence.

“Trained on Greatness also indicates our unswerving commitment to excellence,” said Vivien Lin, Chief Product Officer of BingX. “Whether in sports or in trading, long-term success is built on discipline, data, and continuous improvement. At BingX, we are applying this mindset to everything we do — from advancing AI-driven trading tools to developing a more intuitive, secure user experience. As we look ahead, our product roadmap will focus on empowering users to evolve with the market, just as top athletes evolve with the game.”

Since partnering with Chelsea FC in 2024, BingX has leveraged this collaboration to explore the intersection of crypto and sports, align with high-performance culture, and deepen engagement with a broader audience. As the partnership enters its next stage, BingX remains committed to delivering cutting-edge innovations that inspire both traders and fans.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

About Chelsea Football Club

Chelsea Football Club is one of the top football clubs globally and its men’s team were the FIFA Club World Cup winners for 2021, with the final when the side beat Brazilian side Palmeiras in Abu Dhabi held in 2022 due to the pandemic. That success followed winning the UEFA Champions League for a second time in 2021 with victory over Manchester City in Porto.

For more information please visit: https://bingx.com/

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DUBLIN, June 7, 2025 /PRNewswire/ — On June 7, 2025 at 14:00 (UTC+8), AB DAO announced that its native token $AB is now officially trading on Binance Alpha—Binance‘s early-access, exclusive listing platform.

As a high-performance, modular heterogeneous blockchain network, the AB Core mainnet has been fully deployed, and—through the AB IoT sidechain and AB Connect cross-chain protocol—multi-chain interoperability is enabled; AB Wallet now supports BSC – AB cross-chain transactions and multi-asset management; the AB Foundation has launched global philanthropic projects, leveraging on-chain transparent donations and community governance to advance decentralized charity. This listing on Binance Alpha will offer global users more convenient and efficient asset mobility and participation opportunities.

Trading Highlights

$AB Live on Binance Alpha: Global users can deposit and trade $AB immediately, enjoying premium liquidity.

Airdrop Event: Eligible Binance users can claim 9,882 AB tokens on the Alpha Events page.

Trading Competition: Coming soon, with a prize pool of 115,000,000 $AB.

Details: See the official Binance announcement:
https://x.com/binance/status/1931229650543583317

This listing will significantly enhance $AB’s market depth and liquidity, and by leveraging Binance‘s custody and risk-management framework, users will enjoy major improvements in security and trading experience.

About AB

AB is a high-performance, modular heterogeneous blockchain network whose native token $AB is deployed across chains via AB Connect, realizing the “AB Anywhere” vision. AB is dedicated to driving stablecoin issuance, building payment-network infrastructure, and facilitating decentralized philanthropy, thereby constructing an open, trusted global value infrastructure.

Website: https://ab.org
Global Community: https://www.ab.org/community

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DUBAI, UAE, June 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, continues its advance in the crypto payment space with a limited-time campaign for the Bybit Card. Exclusive to new global users of Bybit Card, the new promotion unlocks 10% cashback in its new phase of global expansion.

The evolving payment solution eliminates traditional boundaries between digital assets and real-world transactions across markets. Championing crypto freedom, the Bybit Card elevates global convenience and access to premium events and partnerships for the crypto community wherever they are headed. Since celebrating its second anniversary at Bybit’s Dubai headquarters, the Bybit Card has unlocked for its users exclusive benefits at the Grand Millennium Hotel in Dubai, and subscription perks for selected AI tools and streaming services.

30-Day Incentive: All Spending Categories Accepted

Eligible for global users with more international markets unlocked, the new cashback scheme potentially offers new users an extra $150 in rewards in three simple steps:

1. Applying for a Bybit Card subject to verification and approval
2. Making a first-time deposit equivalent to $100 in value
3. Spending on eligible crypto transactions with the new Bybit Card in the next 30 days for 10% cashback on all eligible transactions

Existing Bybit users may also enjoy the same cashback rate up to $75 during the promotional period.

Global Accessibility, Unmatched Convenience

The Bybit Card serves nearly 2 million users worldwide as a gateway for secure and instant crypto spending at over 90 million global touchpoints. More than a payment tool, it also offers earning opportunities through cashback, rewards, and APR on crypto balances.

Incorporating crypto into their way of life in everyday spending, Bybit Card holders can tap or swipe to pay in an instant around the world. Whether they are booking a flight with Cathay Pacific or sipping a cocktail at the Ritz, users stand to get 10% back with the Bybit Card.

Key Features: 

• Crypto convenience: seamless spending in crypto, and cash withdrawals from supported ATMs around the world with the physical card available to Mastercard holders.
• No annual fees and up to 8% APR on balances.
• Year-round perks: 100% rebates on subscriptions including Netflix, Spotify, and selected AI tools, airport lounge access, and other benefits refreshed seasonally
• Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more.

The promotion is on a first-come, first served basis for a limited time only. Terms and conditions apply. For full benefits and more exclusive rewards, users may explore: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk / #TheBybitCard

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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Sumsub’s Travel Rule solution is now available for seamless app integration through SDK, automating required checks and ensuring compliance without losing users.

LONDON, June 5, 2025 /PRNewswire/ — Sumsub, a global full-cycle verification platform, today announces its Travel Rule SDK solution is now available for crypto, fintech, and iGaming businesses. It is designed to be easily incorporated directly into client apps, enabling companies to automate compliance checks and verify sender/recipient information in real time to ensure Travel Rule compliance.

Travel Rule, known as FATF Regulation 16, requires VASPs to share originator and beneficiary data on crypto transactions. With more countries enforcing Travel Rule each year, it is continually becoming an obligatory part of virtual asset transfers. However, implementation challenges remain acute for crypto providers operating globally, with jurisdictions imposing different requirements and thresholds, and governments not providing any unified approach or standard. On top of that, collecting and transmitting compliance data during crypto transactions creates friction, slowing things down and urging users to leave the app without finishing the transfer.

To address the aforementioned challenges, Sumsub offers Travel Rule SDK, letting crypto companies build effective, user-friendly compliance flows. Key benefits include:

• Easy setup with minimum engineering effort, ensuring quick integration into the app and reduced development costs;
• Flexible and fully customizable workflow, with pre-configured country-specific requirements as rules and automatic jurisdiction detection;
• Effortless collection of additional data during deposits, withdrawals and transfers to meet Travel Rule compliance requirements;
• Access to the largest and fastest-growing Travel Rule ecosystem of 1,700+ VASP;
• VASP attribution, secure communication coupled with unhosted wallet verification feature;
• Real-time transaction updates allowing to take immediate action;
• Seamless and speedy user experience that reduces drop-offs by 35%, on average.

“While Travel Rule compliance logic is complex, failure to adhere to the regulation is associated with high reputational, legal and financial risks. Sumsub offers flexible integration options–SDK, API and protocols–built to simplify Travel Rule compliance programs for VASPs and other regulated entities engaged in crypto transfers,” explains Andrew Novoselsky, CPO at Sumsub. “Without sophisticated custom builds, our SDK automatically integrates all the necessary compliance checks while keeping the UX seamless, thus allowing teams to focus on their core business goals.”

To find out more about Sumsub’s Travel Rule solution for the crypto industry, please go to https://sumsub.com/travel-rule/

About Sumsub

Sumsub is the #1 verification provider for the crypto industry working with 8 out of 10 top global crypto exchanges. With Sumsub’s customizable KYC, KYB, Travel Rule, Non-Doc Verification, AML Screening, Address Verification, Crypto Transaction Monitoring and Fraud Prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, maximize pass rates, meet compliance requirements, reduce costs, and protect your business.

With over 4000 clients across crypto, fintech, gaming, mobility and edtech industries, Sumsub supports the largest Travel Rule ecosystem of 1700+ virtual asset service providers (VASPs). Having integrated TRP, GTR (owned by Binance), CODE, and Sygna, Sumsub offers fully interoperable single communication Travel Rule protocol, which aims to automate data transfers, reporting, and transaction screening to improve compliance, security, and transparency.

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