On July 8, PANews reported that KuCoin CEO BC Wong stated he discussed the development of RWAs and stablecoins with several founders. He emphasized that building trust is inseparable from compliance, citing a BCG prediction that by 2030, the scale of tokenized RWAs could reach $16 trillion. However, he pointed out that if the infrastructure, such as stablecoins, is not solid enough, this potential may not be realized. At the same time, he believes the industry is still in its early stages and needs to promote development in the right way.
However, on-chain detective ZachXBT questioned this, stating that KuCoin has repeatedly ignored formal requests from law enforcement agencies and failed to take freezing measures when stolen funds were transferred to its exchange during major incidents, casting doubt on its claim of 'building trust through compliance.'
