Biis, the BRC20 tool, to collaborate with KuCoin Labs
KuCoin, a global cryptocurrency exchange, and Biis, a BRC20 tool aggregator, have joined forces to enhance the user experience with BRC tokens.
In an announcement made on December 18, Biis, a versatile tool aggregator in the BTC ecosystem, was revealed to offer features such as batch distribution, collection, and cross-chain tools. These features aim to streamline digital asset management and increase efficiency for BRC20, 420, 721, and 100 operations.
By incorporating the Ordinals protocol, the partnership seeks to improve security and convenience for both developers and users. The focus is on creating a user-friendly and secure platform that simplifies interactions with various blockchain tools and services.
Working in collaboration with KuCoin Labs, Biis plans to expand its technological infrastructure to create a more user-friendly environment for cryptocurrency enthusiasts and professionals.
This partnership is expected to drive growth in the BRC20 ecosystem, providing users with a wide range of tools and services.
The announcement of this partnership comes on the heels of a $22 million settlement announced a week earlier. This settlement was reached to resolve a legal dispute that KuCoin faced with the state of New York.
The lawsuit, which was filed by New York Attorney General Letitia James in March, accused KuCoin of operating an unregistered commodities and securities exchange. The allegations were based on the platform allowing New York investors to trade cryptocurrencies without obtaining the necessary regulatory license.
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