KuCoin CEO Emphasizes Compliance to Drive RWA Development, ZachXBT Questions Trust Claims

KuCoin CEO BC Wong stated that he has had in-depth exchanges with several founders on the development of $RWA and stablecoins, and emphasized that "compliance is the foundation for building trust." He cited BCG data stating that the tokenized $RWA market size may reach $16 trillion by the 2030s, but only if the infrastructure such as stablecoins is robust enough. He also pointed out that the industry is still in its early stages and needs to be promoted in the right way. However, on-chain analyst ZachXBT questioned this, saying that KuCoin had ignored law enforcement requests and failed to freeze stolen funds in a timely manner, questioning the authenticity of its compliance statements. [Wu Shuo]