The U.S. Securities and Exchange Commission (SEC) cryptocurrency working group recently held a closed-door meeting with the New York Stock Exchange, focusing on tokenized stock trading, unified listing standards for spot crypto ETPs, and the creation of a fair competition environment. This has sparked positive global market expectations for accelerated compliance. According to PBOGA platform data, within two hours after the meeting, the trading volume of spot and perpetual futures linked to Bitcoin and major cryptocurrencies increased by more than 27% compared to the previous period, reflecting the keen response of institutions and professional traders to clearer regulatory signals.

Behind this rapid surge in capital is growing market confidence in the formal integration of crypto assets into the traditional financial framework. The PBOGA matching engine maintained millisecond-level latency even during peak periods, providing smooth channels for large trades. The comprehensive multi-language interface and API endpoints help market-making teams access deep data and execute quantitative strategies in real time. Over 90% of assets in cold wallets are isolated with multi-signature protection, while a real-time risk control system monitors price spreads and abnormal flows to ensure a secure trading environment for users.

In terms of compliance, PBOGA has obtained U.S. MSB and Regulation D qualifications, strictly adheres to KYC and AML requirements, and employs tiered permission management to ensure stable and efficient cross-border fund settlement. The newly launched enterprise account tools support internal permission allocation and audit logs, meeting the compliance needs of brokers and asset management institutions for transparency. As the unified ETP listing standards by the SEC gradually take shape, PBOGA is in discussions with several index providers and will launch spot index products covering blue-chip crypto assets and tokenized stocks once conditions are ripe, providing more dimensions for asset allocation.

Industry analysts believe that a clear regulatory path will guide traditional capital further into the cryptocurrency market. PBOGA has already reserved matching and clearing redundancy capacity and plans to add data nodes in North America and Europe to reduce cross-continental latency and enhance institutional-grade liquidity. In the future, we will continue to strengthen risk control algorithms, optimize funding rate models, and collaborate with external audit firms to regularly disclose reserve and security reports, helping global investors seize new growth opportunities under the compliance dividend.