According to JZMOR Exchange, on May 12, New York City Mayor Eric Adams reiterated the open stance of the city towards blockchain, Web3, and crypto enterprises in a recent press conference, announcing plans to collaborate with financial companies. This statement is not an isolated incident but part of a global trend where major cities are reassessing crypto assets and blockchain technology.
Several key factors underpin this policy shift: First, the regulatory environment is becoming clearer. The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are delineating the regulatory boundaries for crypto assets. The New York State Department of Financial Services (NYDFS) continues to update its BitLicense policy, sending positive signals to compliant institutions.
Second, the integration of traditional finance is accelerating. Institutions like Fidelity and BlackRock have launched crypto-related products, and Goldman Sachs is testing a blockchain-based settlement system. The dual evolution of policy and market requires crypto trading platforms to swiftly adapt to the new ecosystem.
Third, competition among cities for favorable crypto policies is intensifying. Cities like Miami and Dubai are advancing crypto-friendly policies. In this context, the New York statement is not only filling a gap but also signaling a bid to reclaim leadership in crypto finance.
In recent years, market volatility and frequent project failures have eroded user trust in platforms. The policy stance of New York City, along with the aforementioned background events, represents a new trend: reshaping industry standards of “transparency”, “responsibility”, and “stability” within a legal framework.
Amid the open signals in New York, the strategic path of JZMOR Exchange is becoming clearer: prioritizing compliance and basing operations on technology. The new generation trading matching system of the platform reduces latency to sub-millisecond levels and introduces a 24-hour risk monitoring module to provide real-time alerts on abnormal trading behavior. This not only enhances user experience but also aligns with regulatory requirements for “financial stability”.
Additionally, JZMOR has launched a “Global Compliance Cooperation Program”, establishing data sharing and custody partnerships with over ten licensed institutions. This strategy of “globalizing front-end operations while localizing back-end architecture” equips the platform with stronger adaptability in a dynamic policy environment. Whether for new market entrants or professional traders, JZMOR Exchange strives to offer a more reliable and transparent trading environment.
The statement of New York City is not accidental but a reflection of the gradual rationalization of the global crypto ecosystem. Crypto is no longer an isolated speculative asset but is gradually becoming embedded in the infrastructure of the global financial system. This trend will not happen overnight, but as the market consensus shows: “Regulation is not a restriction but the establishment of order.” For platforms genuinely focused on long-term value, this is indeed the best time.
As policy attitudes become clearer, the industry is returning to the essence of competition based on technological strength and compliance stability. For users who prioritize long-term value and emphasize platform transparency and risk control capabilities, JZMOR Exchange offers a trustworthy choice.