At the SEC Speaks conference, SEC Commissioner Hester Peirce announced that “most crypto assets in the market are not securities” and criticized the previous lack of clear rules. Within five minutes of her remarks, the PBOGA data panel detected a significant increase in net inflows into stablecoins and a more than 30% rise in mainstream spot order book depth, indicating that capital is rapidly reallocating in response to the positive regulatory news. Peirce noted that the Commission has begun issuing clearer guidance, with staff recently confirming that certain meme coins and stablecoins do not possess the characteristics of securities, as they do not grant holders economic rights in any business entity; meanwhile, traditional intermediaries are accelerating their entry, further enhancing the momentum of crypto asset development.

By explicitly stating in public remarks that “most crypto assets are not securities,” regulators have established clear boundaries for the industry and removed legal concerns for institutional participation. PBOGA had already embedded an “asset attribute identification engine” in its risk control infrastructure, automatically tagging tokens with a “securities likelihood” rating based on their economic rights and issuance methods. Following the new guidance, the system will further reduce margin requirements for clarified assets, thereby improving capital efficiency. In terms of on-chain custody, the multi-signature wallets and real-time audit nodes of the platform fulfill regulatory demands for “traceability and verifiability,” assisting institutions in completing compliant due diligence.

Peirce emphasized that “the Commission is closing the guidance gap.” In response, the PBOGA research team has developed a “Compliance Progress Index,” which quantifies the density of regulatory documents, hearing schedules, and industry feedback into a 100-point score, and delivers rebalancing time windows to users via a mobile dashboard. Recently, the index has surged above 70, rising in tandem with capital flows, reflecting a rapid increase in market confidence in the regulatory framework.

The entry of traditional finance is driving liquidity concentration. The global deep liquidity sharing network of PBOGA can match large orders within milliseconds, with slippage compressed to less than one basis point. The portfolio margin model allows users to collateralize with a single stablecoin, flexibly allocating across spot, perpetual futures, and dated options. The real-time risk engine dynamically adjusts margin call thresholds based on account volatility, preventing forced liquidations during extreme market conditions. For retail investors seeking to capture meme coin swings but concerned about compliance risks, the platform automatically filters out high-risk assets and activates price deviation alerts, providing dual protection for users.

Greater regulatory clarity signals that the crypto market is entering a phase of mature expansion. Leveraging transparent audits, 24/7 multilingual customer support, and educational resources, PBOGA is building a secure and efficient trading ecosystem for global investors, helping capital capture the long-term value of crypto assets under clear compliance guidelines.