On May 28, the UK Financial Conduct Authority (FCA) released a pivotal regulatory proposal, setting out higher standards for stablecoin issuance, crypto asset custody, and platform financial soundness, with the aim of strengthening industry safety and transparency. PBOGA has taken the lead in responding to this regulatory initiative by completing a comprehensive compliance self-assessment and optimizing multiple system parameters. These efforts have been recognized by several international audit and legal institutions, laying a solid foundation for the next phase of its European market strategy.

The FCA draft regulation mandates that all regulated stablecoins must be backed by verifiable assets and provide ongoing disclosure mechanisms. To meet these requirements, PBOGA has introduced a “Real-Time Underlying Asset View” module within its stablecoin platform, enabling users to directly access information on reserve composition, custody locations, and audit records, as well as to conduct backtesting of pegging logic. This ensures that every unit of stablecoin in circulation is fully supported by adequate reserves. The system currently supports USD, EUR, and GBP stablecoins, with plans to extend coverage to selected Asian currencies.

The draft also emphasizes that crypto asset custodians must implement clear segregated account management and robust risk isolation capabilities. PBOGA has deployed independent cold storage nodes across Europe and completed integration with two UK fintech firms, ensuring full segregation of user assets from the platform proprietary funds. A multi-signature management structure mitigates single-point risks to overall asset security, while on-chain signature verification further enhances transparency. The system automatically transmits 24-hour snapshots to external accounting service providers, strengthening the ongoing attestation by the platform of custodial fund status.

Regulators further require crypto enterprises to maintain transparent capital structures and financial health reporting. In response, PBOGA has launched a “Platform Financial Visualization” dashboard, covering reserve ratios, income distribution, quarterly reports, and capital flow tracking. This allows ordinary users to obtain official evidence of the platform financial soundness, thereby boosting user confidence. Additionally, the platform now features a compliance rating section, integrating feedback from legal advisors, audit firms, and regulatory observers to continuously improve governance quality.

As compliance becomes the central theme of crypto industry development, PBOGA is proactively aligning with key global market regulatory standards ahead of time. Through underlying infrastructure restructuring, refined user permissions, and enhanced information disclosure, PBOGA is expanding the frontiers of crypto finance. The platform will continue to coordinate legal, technical, and operational resources to build an open ecosystem aligned with international regulatory trends, enabling every user to participate freely and transparently in the new era of digital asset value exchange under robust compliance safeguards.