Latest news with #VietQR
Cision Canada
16-07-2025
- Business
- Cision Canada
KuCoin's Remarkable First Half of 2025: Building Trust, Driving Innovation, and Shaping the Future
VICTORIA , Seychelles , July 16, 2025 /CNW/ -- KuCoin, a global cryptocurrency exchange leader, celebrates a remarkable first half of 2025, marked by strong growth, bold innovation, and enhanced compliance. With over 41 million registered users, the platform also set new benchmarks for security and compliance. Continue Reading Security and compliance have always been KuCoin's top strategic priorities and the foundation of its success. KuCoin solidified its position by achieving SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to user safety. An AAA rating from ranks KuCoin among the top four most secure exchanges worldwide. Its integration with BitGo's Go Network for institutional-grade custody includes up to $250 million in insurance coverage. These efforts are part of the $2 Billion Trust Project — a long-term commitment to the KuCoin community. In 2025, KuCoin advanced its compliance efforts by submitting a MiCA license application in the EU and supporting the official opening of KuCoin Thailand — the first fully regulated local digital asset exchange under the KuCoin brand, licensed by the Thai SEC — marking a significant milestone in KuCoin's mission to build fast, secure, and user-friendly infrastructure for crypto users worldwide. These efforts reflect KuCoin's dedication to aligning with global regulatory standards while expanding into key markets like MENA and LATAM, where spot trading volume saw double-digit growth. Innovation drives KuCoin forward. KuCoin Pay expanded globally, enabling crypto payments for real-world services, such as retail purchases via AEON's VietQR and QR Ph codes in Southeast Asia . KuCard experienced over 30% growth in transaction volume and introduced 8.5% KCS cashback for high-tier users. The Trading Bot platform, with 8.9 million bots created, saw a 40% trading volume increase, fueled by AI enhancements. Over 170 new tokens and 106 futures assets were added, catering to diverse trading preferences. Beyond business, KuCoin's social impact shines. Initiatives that distributed 9,700 solar lamps and 5,000 menstrual kits impacted over 50,000 lives and earned the UNWWO CSR Award. Industry accolades include "Best Crypto Exchange 2025" from Forbes Advisor and CoinBureau, alongside top rankings from CoinGecko and CoinMarketCap. KuCoin's first half of 2025 reflects its dedication to trust, innovation, and global leadership. As it looks ahead, the platform is planning new market entries in several regions and is poised to shape a more secure, inclusive, and resilient future for crypto worldwide in the remainder of 2025. KuCoin's H1 report can be read in full here. 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: SOURCE KuCoin [email protected]
Cision Canada
13-06-2025
- Business
- Cision Canada
Bybit Pay Bridges Web3 and Retail Payment in Southeast Asia
DUBAI, UAE, June 13, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce another advancement in the Web3-powered payment race with the introduction of Bybit Pay in Vietnam and the Philippines. Starting this June, local users and global Bybit Pay users visiting the popular Southeast Asian destinations can pay, send, and receive with 16 major cryptocurrencies across retail endpoints and between users. Localizing Web3 Payment: Scan to Pay Integrating AEON, Bybit Pay enables QR code payments through official channels in Vietnam and the Philippines, where AEON Pay is accepted by over 90% of local merchants in urban areas. In the Philippines, Bybit Pay supports the QR Ph national standard and the official framework, VietQR in Vietnam, both state-approved and compliant with industry safety standards. The latest addition marks the beginning of Bybit Pay's foray into Asia on the back of Bybit's powerful infrastructure and partnership networks. Streamlining digital payments across currency types, Bybit Pay processes instant payments and settlements through multiple channels, offering users a seamless front-end experience. How it Works Users scan merchant QR codes with the Bybit Pay app Bybit Pay generates a unique payment QR code for user approval Merchant to scan the approved payment code—transaction completed Southeast Asia is home to over 600 million people—a quarter of whom are tech-savvy Gen Z, with thriving digital payments markets. In 2024, 40% of merchants in the Philippines saw contactless payments as a preferred method, while 36% of merchants in Vietnam noted growing adoption of mobile wallets among customers. To celebrate the launch, from now until June 30, 2025, eligible users who spend 5 USD with Bybit Pay with VietQR and QR PH will enjoy cashback in BTC airdrop. Restrictions apply: Bybit Pay currently serves global users who have successfully completed Identity Verification on Bybit. Users from Service Restricted Countries or local Bybit entities are not currently supported. For the latest updates and detailed terms and conditions, users may visit the Bybit Pay official page. #Bybit / #TheCryptoArk / #BybitPay 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 About AEON AEON is the next-generation crypto payment framework, built for AI to drive intelligent, automated payments across Web3 and simplify how crypto works in real life. With omni-chain support, AEON's AI Payments system allows intelligent agents to manage and automate transactions, payments, subscriptions, and remittances for users. With offerings like Web3 Mobile Payment that allows users to pay with crypto across 10,000 brands at 20+ million retail merchants in SEA, Africa and Latin America, Online Web3 Payment, Swap Pay, and a growing suite of AI-integrated payment services, AEON aims to create a future of crypto finance that's intelligent, scalable, and borderless, where AI meets real life through seamless, scalable payments for next billion of users.
