DA NANG, Vietnam, Aug. 29, 2025 /PRNewswire/ — KuCoin, a number one world cryptocurrency alternate, introduced that its Vice President and Head of Group Industrial, Mr. Damen Chen, joined trade leaders on the Da Nang Finance and Tech Week in Vietnam to debate the central position of exchanges in constructing clear liquidity and a sustainable digital asset market.
Talking on the panel “Constructing the Digital Asset Market: The Central Position of Exchanges and Clear Liquidity,” Chen shared insights alongside executives from ONUS Change, Bitget Vietnam, and different trade representatives. He famous that whereas rising markets have skilled fast progress, liquidity transparency stays inconsistent, with points comparable to pretend volumes and shallow order books undermining belief. To deal with this, KuCoin has prioritized real-time order ebook information, common proof-of-reserves reporting, and impartial third-party audits, elevating the bar for market accountability.
Chen emphasised that exchanges should function incubators slightly than mere marketplaces, supporting native blockchain builders with truthful itemizing alternatives, liquidity entry, open APIs, and analysis insights. He additionally highlighted KuCoin Labs and KuCoin Ventures, which actively put money into early-stage Vietnamese initiatives and assist them develop to worldwide markets.
On compliance and truthful competitors, Chen reiterated KuCoin’s strict enforcement of KYC/AML requirements and clear itemizing processes. KuCoin was among the many first world exchanges to implement necessary KYC, setting greater trade requirements and making certain credibility for each customers and regulators.
Chen additional pressured the significance of proactive regulatory engagement, citing KuCoin’s world expertise in coverage consultations, compliance sandboxes, and white paper drafting. He additionally referenced KuCoin’s milestone participation in Thailand’s G-Token initiative, the world’s first publicly provided tokenized authorities bond, introduced on August 27, 2025. This case, he stated, exhibits how exchanges can work hand-in-hand with governments to pioneer compliant, revolutionary monetary devices.
Trying forward, Chen famous that tokenization and DeFi can be pushed by applied sciences comparable to decentralized custody, atomic orders, and automatic liquidity fashions. With its younger, tech-savvy inhabitants, Vietnam is properly positioned to guide adoption, and KuCoin is working intently with universities and native communities to arrange the subsequent technology of expertise.
Concluding the dialogue, Chen underscored KuCoin’s long-term imaginative and prescient: “Exchanges will not be solely gateways to digital belongings but in addition guardians of belief. By committing to safety, compliance, and transparency, we are able to construct a digital asset market that’s sustainable, credible, and helpful to all stakeholders.”
About KuCoin
Based in 2017, KuCoin is a number one world cryptocurrency platform serving over 41 million customers throughout 200+ nations and areas. Constructed on cutting-edge blockchain know-how, KuCoin provides entry to 1,000+ digital belongings and options together with Web3 pockets, Spot and Futures buying and selling, institutional companies, and funds. Acknowledged by Forbes as one of many “Finest Crypto Apps & Exchanges” and a “High 50 International Unicorn” by Hurun, KuCoin is ISO 27001:2022 licensed and dedicated to safety, compliance, and innovation below the management of CEO BC Wong. Study extra: https://www.kucoin.com/
