Embracing Crypto Regulation and Fun

The internet has always been a unique and eccentric place, blending social interactions, memes and cat videos with cryptocurrency and the future of digital finance.

Although viral videos and digital assets might seem worlds apart, their coexistence online has fostered phenomena like memecoins and copypasta, highlighting the intersection of the centralized and decentralized webs.

For the crypto industry to advance, embracing regulation and taking a structured approach to developing the future of finance is essential. Still, the industry must retain the internet’s inherent oddities by continuing to incorporate its playful and unconventional spirit into crypto projects.

CoinW is a perfect example of a company that strikes a balance between both. While the leading global exchange continues to adopt best practices and obtain regulatory licenses in key demographics, it also leans into the fun of crypto and the internet with trading competitions and memes.

Operating for over seven years and serving millions of users across 200 countries, CoinW has gained a well-deserved reputation among its community and strong international support by prioritizing compliance. Through both bull and bear markets, CoinW has prioritized innovation while gaining the necessary licenses to serve its customers.

As regulation continues to move forward internationally, so does CoinW. Recently, LCT Holding Pty Ltd (CoinW) was enrolled and registered with Australia’s AUSTRAC for the provision of digital currency exchange (DCE) services. Soon after, CoinW set out to get additional approval in other innovative tech hubs.

CoinW’s compliance efforts have specifically received regulatory approval and a license from Virtual Asset Regulatory Authority (VARA) in Dubai. Maintaining compliance with VARA’s comprehensive legislation is no small task, and CoinW’s full-scale license demonstrates its position as a leading exchange by being one of few industry participants to receive such certification.

CoinW embraces regulation to support its users, but also sets out to be an example for other industry participants around the world. This is why CoinW is taking its movement on the road, showcasing its cutting edge trading platform across the world, making its presence known at prominent industry events like Consensus and Money 20/20.

As a global exchange and industry leader, CoinW is always committed to taking matters of compliance and user experience seriously. That said, it’s important to remember that, given crypto’s native internet identity, it’s going to be a bit weird and always fun. Even as crypto ushers in a new financial paradigm, CoinW continues to recognize crypto’s roots and embrace the memes.

In honor of Bitcoin Pizza Day, the crypto holiday remembering Laszlo Hanyecz’s purchase of two large pizzas for 10,000 BTC (about $700M in today’s market), CoinW is hosting a Bitcoin Pizza Day Lottery. From now through the June 26, CoinW users can earn up to eight lottery entries per day by completing various tasks for the chance to have a 100% chance of winning random rewards up to 100,000 USDT.

CoinW also embraces fun beyond the memes and the internet, into the real world and rivalries we enjoy in sports. From June 5 through 18, CoinW is bringing competition to the football pitch with a $1 million Goal Rush Challenge for Euro 2024. Fans can show their support and make predictions on match favorites in a chance to make it from the Early Bird Phase through the Showdown Phase. Whether you’re just a competitive trader or a hardcore fan, CoinW is offering a fun and exciting way to earn crypto and enjoy one of the biggest football competitions in the world.

The internet's blend of social interactions and digital finance highlights its uniqueness, while crypto’s embrace of memes demonstrates a merging of the decentralized and centralized worlds.

As the crypto industry continues to progress, regulatory compliance and innovation are both essential to its success. But almost equally essential is the need to preserve the playful spirit and culture that this industry was born from.

CoinW exemplifies this balance, combining best practices and regulatory compliance with the fun of trading competitions and memes, ensuring progress while staying true to the internet's vibrant culture.