Big news! Former Acting Chairman and Commissioner of the U.S. SEC, Dr. Michael S. Piwowar, has officially joined the Backpack US Board of Directors. With former Acting Chairman of the CFTC, Mark Wetjen, serving as President, and participation in the DTCC Tokenization Working Group, Backpack is now arguably the 'compliance gold standard' for Web3 projects in the Chinese-speaking world and beyond: Establishing itself as a top-tier U.S. brokerage: Backed by the highest levels of U.S. securities and financial leadership, its credentials are beyond question. Hitting the regulatory core: With an all-star leadership team spanning the SEC, CFTC, and DTCC, this means Backpack is directly participating in and influencing U.S. crypto finance compliance policy. Full U.S. compliance licensing is within reach: With such high-level regulatory connections and compliance endorsements, the speed at which full licensing will be achieved might exceed everyone’s expectations. In the era of compliance, this is what a true powerhouse looks like.