Over the past decade, the interaction between blockchain technology and regulation has been a focal point of industry attention. From the policy barriers faced by Bitcoin in its early days, to the securities attribute controversy triggered by Ethereum's ICO, and to the global Central Banks and financial regulators' focus on stablecoins, the blockchain ecosystem continues to collide with the regulatory environment.

In 2025, Boundless proposed the "correctness equals security" concept based on the PoVW (Proof of Verifiable Work) model. This institutional innovation not only brought about technological breakthroughs but also sparked new regulatory considerations: how will countries respond to this innovative verification market and clearing currency system? This issue is not only related to compliance but also directly affects whether Boundless can become a key factor in the global clearing infrastructure.

In the United States, Boundless faces dual challenges. The first is the controversy over securities attributes, as the SEC still uses the Howey Test as the standard for judgment, which may affect the positioning of the ZKC coin. Boundless needs to emphasize the essential function of ZKC as a settlement currency, downplaying its investment attributes. Secondly, the strict requirements for audit transparency in the U.S. financial market will also become an important obstacle that Boundless needs to overcome.

On the EU side, the introduction of the MiCA legislation provides a clearer regulatory framework for crypto assets. Boundless may need to seek appropriate positioning in different regulatory categories based on its functions. At the same time, the EU's emphasis on data privacy also provides potential application space for Boundless's zero-knowledge proof technology.

As one of the global financial centers, Singapore's innovation-friendly attitude provides opportunities for Boundless. However, the strict regulation of virtual asset service providers by the Monetary Authority of Singapore (MAS) also means that Boundless needs to find a balance between compliance and innovation.

China, while taking a cautious attitude towards cryptocurrency trading, has an open attitude towards the application of blockchain technology. Boundless may need to explore how to apply its technology to projects like the digital renminbi and the Blockchain Service Network (BSN) promoted by China.

In the face of different regulatory environments around the world, Boundless needs to develop flexible strategies. It may need to adopt different market entry strategies in different regions while maintaining consistency in its core technology and philosophy. Furthermore, maintaining active communication with regulatory agencies in various countries and participating in the policy-making process will also become an important component of Boundless' globalization strategy.

Overall, the development of Boundless is not only a technological innovation but also a challenge to the global financial regulatory system. How to meet the regulatory requirements of various countries while maintaining innovative vitality will determine whether Boundless can truly become the global clearing layer. This game that spans technology, finance, and regulation will undoubtedly provide important insights for the future development of the entire blockchain industry.