Latest news with #TrustProject
Yahoo
30-04-2025
- Business
- Yahoo
KuCoin Commits $2B to 'Trust Project' Focusing on Crypto Security, Transparency
Digital assets exchange KuCoin has unveiled a new initiative, the 'Trust Project,' with a massive $2 billion investment aimed at reinforcing user safety, boosting transparency, and ensuring long-term accountability in the crypto market. The announcement came during TOKEN2049 Dubai, where KuCoin CEO BC Wong, alongside the exchange's European Union CEO Oliver Stauber, detailed the initiative's vision to align crypto operations more closely with regulatory frameworks and user-centric principles. At its core, the Trust Project focuses on key values such as infrastructure neutrality, responsible innovation, and enhanced protections against platform risks. KuCoin's native token, KCS, play a more pivotal role in governance, ecosystem management and user reward programs. 'We're directing resources where they count — toward building credibility, protecting our users, and securing the future of crypto,' Wong said during his keynote. Sign in to access your portfolio
Cision Canada
30-04-2025
- Business
- Cision Canada
KuCoin Commits $2 Billion to "Trust Project" to Strengthen Confidence in Crypto; CEO BC Wong Announces Initiative at TOKEN2049
VICTORIA, Seychelles, April 30, 2025 /CNW/ -- KuCoin, a leading global cryptocurrency exchange, has committed $2 billion to its newly launched "Trust Project", a long-term initiative aimed at strengthening transparency, enhancing platform security, advancing compliance, and promoting responsible innovation across the crypto industry. The announcement was made by BC Wong, CEO of KuCoin, during his keynote address at TOKEN2049, held from April 30 to May 1, 2025. Oliver Stauber, CEO of KuCoin EU, joined BC on stage to jointly present KuCoin's renewed commitment to building a more resilient and trustworthy digital asset platform to an audience of over 15,000 industry leaders, regulators, and crypto enthusiasts. Their keynote, titled "The Trust Gap in Crypto: Building Platforms That Deserve to Win," emphasized that the next phase of crypto adoption must be underpinned by proactive accountability and institutional-grade trust. "Mainstream crypto demands responsible innovation," said BC Wong. "Big opportunities come with greater accountability." The Trust Project reflects KuCoin's core platform values — user protection, verifiable transparency, compliance-first operations, infrastructure neutrality, and a commitment to long-term sustainability. This multi-year investment will support continued security enhancements, strengthen regulatory collaboration, and fund global educational initiatives that empower users and contribute to a more mature and credible crypto environment. As part of this initiative, KuCoin also reaffirmed its commitment to strengthening the KCS (KuCoin Token) ecosystem, recognizing it as a core pillar in aligning long-term value with community participation. KCS will play a central role in reinforcing user incentives, supporting governance innovation, and expanding utility across KuCoin's growing suite of products and services. With this bold initiative, KuCoin reinforces its position as a trusted leader dedicated to shaping the future of crypto through integrity, innovation, compliance, and user-first principles. 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 exceptional user experience. With a connected user base exceeding 40 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. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more:
Associated Press
30-04-2025
- Business
- Associated Press
KuCoin Commits $2 Billion to "Trust Project" to Strengthen Confidence in Crypto; CEO BC Wong Announces Initiative at TOKEN2049
VICTORIA, Seychelles, April 30, 2025 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, has committed $2 billion to its newly launched 'Trust Project', a long-term initiative aimed at strengthening transparency, enhancing platform security, advancing compliance, and promoting responsible innovation across the crypto industry. The announcement was made by BC Wong, CEO of KuCoin, during his keynote address at TOKEN2049, held from April 30 to May 1, 2025. Oliver Stauber, CEO of KuCoin EU, joined BC on stage to jointly present KuCoin's renewed commitment to building a more resilient and trustworthy digital asset platform to an audience of over 15,000 industry leaders, regulators, and crypto enthusiasts. Their keynote, titled 'The Trust Gap in Crypto: Building Platforms That Deserve to Win,' emphasized that the next phase of crypto adoption must be underpinned by proactive accountability and institutional-grade trust. 'Mainstream crypto demands responsible innovation,' said BC Wong. 'Big opportunities come with greater accountability.' The Trust Project reflects KuCoin's core platform values — user protection, verifiable transparency, compliance-first operations, infrastructure neutrality, and a commitment to long-term sustainability. This multi-year investment will support continued security enhancements, strengthen regulatory collaboration, and fund global educational initiatives that empower users and contribute to a more mature and credible crypto environment. As part of this initiative, KuCoin also reaffirmed its commitment to strengthening the KCS (KuCoin Token) ecosystem, recognizing it as a core pillar in aligning long-term value with community participation. KCS will play a central role in reinforcing user incentives, supporting governance innovation, and expanding utility across KuCoin's growing suite of products and services. With this bold initiative, KuCoin reinforces its position as a trusted leader dedicated to shaping the future of crypto through integrity, innovation, compliance, and user-first principles. 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 exceptional user experience. With a connected user base exceeding 40 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. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: View original content to download multimedia: SOURCE KuCoin
Cision Canada
29-04-2025
- Business
- Cision Canada
Local, language-minority and Latin American news sites join the Trust Project
PACIFICA, Calif., April 29, 2025 /CNW/ -- As we approach World Press Freedom Day, two news organizations in Latin America, one in Canada and one in the United States have earned the Trust Mark, which indicates their commitment to independent journalism of public value. After months of training, they have structured integrity throughout their work by applying the 8 Trust Indicators®. The public will now hear, see and read about their journalists, where they got their information and what policies guide them. Among other disclosures, they will see opinion clearly separated from news, find corrections for any errors easily, and as the Trust Project deepens its attention to ethical use of artificial intelligence, gain a concrete understanding of each site's use of AI tools in newsgathering and production. The Trust Project ® welcomes The Beacon, a growing force in Kansas and Missouri that fills critical news gaps and provides free news stories to other publishers; BioBioChile, which explores issues throughout Chile with the country's cultural, social and economic diversity in mind; El Diario, which explains the news in Venezuela with depth to support public discourse; and Le Courrier de la Nouvelle-Écosse, which serves the French-speaking minority in Nova Scotia. El Diario and BioBioChile are the first news organizations in their countries to participate. All made substantial upgrades to their standards and overall transparency. The public can easily see why their news is worth attention and trust – and hold them accountable. "We work closely with news organizations globally to strengthen the clear value of their journalism to the public," said Trust Project founder and CEO Sally Lehrman. "We're proud of the many changes these incoming news partners made to earn well-deserved confidence through transparency and integrity, including in their use of AI." More than 300 fully approved Trust Project news partners continue to build integrity into every aspect of their journalism: newsgathering; news presentation online, in audio and video; even in their business operations. When news outlets complete the Trust Indicators in policy and practice, they earn the Trust Mark. The Trust Indicators® empower people to stay informed and thrive by making it easy to choose news with confidence. The Trust Project is grateful to our funders, who support our research on trust, workshops and training, and ongoing work with Trust Project Network sites and others to build a trustworthy news ecosystem the public values. Learn about making a donation here. About the Trust Project: 8 Trust Indicators®, a collaborative, journalism-generated and proven standard that helps both regular people and algorithms easily assess the authority and integrity of news. Polices and standards are shaped through user research and enforced independently from the project's funding sources. For more, visit: Media Contact: Jessica Sterling, 650-728-8211
