According to Foresight News, the cryptocurrency trading platform JuCoin has initiated the process of regulatory compliance in the Taiwan market, formally applying for a regulatory license and establishing a KYC system. If the number of Taiwanese users exceeds 100,000, the platform will invest 200 million Taiwanese dollars to launch the Taiwan Web3 Accelerator program, which specifically includes developer support funds, educational inclusivity plans, node co-construction incentives, and cultural IP incubation. Previously, the Financial Supervisory Commission (FSC) of Taiwan released a draft regulation requiring all virtual asset service providers (VASP) to complete registration by the end of September.