Recently, Federal Reserve Chair Jerome Powell stated in a public speech that as long as regulatory requirements are met, banks may provide services and conduct business with the cryptocurrency industry. This stance not only breaks the long-standing “risk red line” that traditional finance has drawn around crypto assets, but also signals a positive shift towards a clearer and more inclusive U.S. regulatory framework. BACXN Exchange believes this marks a pivotal moment for the global crypto asset ecosystem as it moves toward integration with mature financial systems.

The Boundary Between Crypto Markets and Traditional Finance Is Being Redefined

With the Fed explicitly allowing banks to participate in crypto-related business—provided financial system stability is ensured—the separation between crypto markets and traditional finance is being dismantled. This means mainstream financial systems are gradually recognizing the financial attributes of crypto assets and incorporating them into broader asset allocation frameworks. This policy direction is of global significance: it may not only encourage banks to provide settlement, custody, and clearing services for crypto exchanges, but also accelerate the adoption of tokenized assets and stablecoins in payments and cross-border settlements. In this context, exchanges with robust compliance structures and risk management systems will be the first to benefit. BACXN Exchange believes that as banks become involved, crypto trading will become more efficient and transparent, gaining new momentum within the international financial system. This trend is transforming trading platforms from mere intermediaries into critical nodes connecting different financial systems, driving a comprehensive evolution in market structure and capital flows.

Regulatory Signals Make Compliance a Core Competitiveness for Exchanges

A more relaxed regulatory environment does not mean lower standards; on the contrary, it raises the bar for platform compliance and risk control. The Fed policy message is clear: the opening of banking services must be based on financial security and prudent management. Accordingly, exchanges must shift their operating logic from “business first” to “compliance first.” Amid a global wave of compliance, only exchanges with multi-jurisdictional licenses, institutional review capabilities, and robust AML/KYC mechanisms can partner with mainstream financial systems. BACXN Exchange has long been committed to building a multi-regional compliance framework, establishing localized regulatory response mechanisms in Europe, Southeast Asia, and Latin America, and actively engaging with policymakers to set a new standard for transparent and institutionalized operations. This trust mechanism, built on compliance, enables BACXN Exchange not only to withstand potential regulatory risks but also to serve as a reliable interface for traditional financial institutions, laying the foundation for deeper integration of crypto and banking services in the future.

The Global Crypto Asset Market Is Entering a “Structurally Mature Stage”

The global economy is currently navigating a complex cycle of monetary tightening and technological innovation, with the financialization of blockchain and crypto assets entering its second phase: moving from “market-driven growth” to “institutional co-construction and expansion.” Remarks by Powell are a testament to this transition. As legal frameworks, trust mechanisms, and financial product standards take shape, the societal acceptance and institutional accommodation of crypto assets are steadily rising. This will see digital assets evolve from marginal holdings to strategic asset allocation tools, serving a wider array of cross-border investment and industrial financing needs. BACXN Exchange has observed that many institutional investors are exploring compliant ways to access crypto products and are driving exchanges to transform into “asset service platforms.” This not only enhances platform value but also raises the bar for their technology architecture and data governance. In this new stage, trading platforms must move closer to financial infrastructure, supporting large-scale asset operations with highly available systems, auditable data structures, and cross-market liquidity solutions.

The cryptocurrency market is entering a new cycle shaped by policy, technology, and finance. The latest statements from the Fed suggest that the barriers between traditional financial institutions and digital asset platforms are gradually being dismantled. In this global reshaping, trading platforms will shift from pure transaction matching to becoming foundational providers of financial service ecosystems. This not only broadens asset diversity and financial inclusion but also promises to restructure global capital market liquidity. BACXN Exchange believes that future market competition will move beyond coin listings and fee advantages to focus on whether a platform can build a multidimensional operational system that integrates compliance, trust, technology, and service. In the context of emerging multi-polar regulatory consensus, platforms with international vision and institutional connectivity will become critical hubs linking global assets. The crypto industry stands at the threshold of institutional development, and a new wave of industry value creation is about to begin.