- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
The U.S. CFTC will issue guidance clarifying the rules for foreign trading platform registration.
BlockBeats News, August 29th, Crypto journalist Eleanor Terrett reported that the Commodity Futures Trading Commission (CFTC) is set to issue guidance clarifying its Foreign Board of Trade (FBOT) registration rules, providing a legal pathway for non-U.S. exchanges to allow U.S. users to trade on their platforms.
Acting Chairman Caroline D. Pham stated that this is a way to bring crypto activity "back to the U.S.," as such activities had previously flowed out due to enforcement actions during the Biden administration, while also reaffirming the regulatory framework that has been in place since the 1990s.
For U.S. traders, this means they can legally access more global liquidity; for the crypto industry, this is another step towards regulatory clarity and is also part of the Trump administration's "crypto sprint" strategy.
You may also like
Gainers
Latest Crypto News
BiyaPay Analyst: HashKey's Listing Imminent, Hong Kong Stock Market Welcomes First Cryptocurrency Compliance Giant
A certain whale has accumulated 2.33 million LINK over the past six months, currently facing an unrealized loss of $10.5 million
CoinShares: Digital Asset Investment Products Saw $1.07 Billion in Net Inflows Last Week
Abraxas Capital has allocated half of its funds to purchase HYPE spot, with a position reaching $56 million.
BNP Paribas: Fed to Continue Cutting Interest Rates Next Year, Room for Further Decline in US Bond Yields
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App