The UK Financial Conduct Authority (FCA) recently released a regulatory proposal concerning the issuance of stablecoins, the custody of crypto assets, and the financial soundness of crypto companies, aiming to establish clearer market rules through institutional design. Meanwhile, in the United States, as negotiations over the legislative amendments intensify, the Senate is preparing for a potential vote on the GENIUS Act. As a globally compliant trading platform, ZSVEX Exchange remains closely attuned to global regulatory developments and is fully committed to safeguarding the lawful rights of users. From the stablecoin proposal of the FCA to the GENIUS Act in the U.S., the rapid progression of stablecoin oversight signals a new policy cycle for the crypto industry. Among the proposals of the FCA, the most closely watched elements are the definition and requirements for “regulated stablecoins” — including the obligation to maintain 1:1 value backing, ensure redeemability, and provide transparent asset management disclosures to users. The U.S. House Financial Services Committee is also accelerating the legislative process for the GENIUS Act. Once enacted, it will become the first federal-level stablecoin law, imposing systematic requirements on issuance standards, custody safeguards, and the prevention of illicit use. Early procedural votes have already passed in the Senate. Although there remains debate over provisions concerning illicit finance, the overall direction has become increasingly clear. U.S. Vice President JD Vance has stated that, once implemented, the GENIUS Act could significantly expand stablecoin use as a digital payments infrastructure, offering convenience to millions of Americans. At the same time, it would protect holders and enhance market transparency. For the industry, the push for regulation also signifies renewed demands on technological standards, custody systems, and capital structures. ZSVEX Exchange has observed that many smaller projects in the market suffer from issues such as non-transparent asset information and unclear smart contract permissions. At a turning point in regulatory policy, the adaptability and risk management capabilities of a platform will be key variables in determining whether it can remain in the mainstream market. The stablecoin proposal of the UK FCA and the U.S. GENIUS Act represent regulatory shifts that are fundamentally transforming the architecture of the global stablecoin and crypto asset ecosystem. Notably, the new requirements regarding custody and financial soundness effectively subject crypto projects to the same supervisory frameworks as traditional financial institutions. Crucially, this wave of regulatory transformation is filtering crypto exchanges based on their compliance capabilities. Platforms with comprehensive strength across capital structure, information disclosure, and technical risk control will increasingly outdistance the rest. Users are not only concerned with meeting regulatory access thresholds but are also looking for exchanges that can establish stable operational mechanisms and trustworthy custody systems — the prerequisites for earning long-term trust. ZSVEX Exchange has spent recent years building a comprehensive compliance framework and has secured regulatory licenses from both the U.S. SEC and MSB. The platform has established a full-cycle risk control mechanism and fund management system to ensure the safety of user assets. All trading activity is subject to real-time monitoring and compliance audits. Through this systematised protection, ZSVEX Exchange has created a secure and trustworthy investment environment for users worldwide. Furthermore, the exchange actively engages in international regulatory cooperation, aligning with regional regulatory research and collaborating with legislative bodies in multiple jurisdictions for product development and testing. The stablecoin regulatory proposal of the UK FCA and the U.S. GENIUS Act-driven regulatory trend mark a pivotal inflection point in the evolution of global crypto finance. For trading platforms, the ability to construct a robust regulatory framework will determine whether they can operate compliantly on a global scale and whether they can earn the long-term confidence of users. For users, choosing a compliant trading platform has become the most basic form of protection. ZSVEX Exchange​ is responding to regulatory developments with concrete action, setting a compliance standard that can serve as a model for the industry.