CFTC May Approve Foreign Crypto Exchanges Under U.S. Rules — What It Means for Traders

The Commodity Futures Trading Commission (CFTC) is weighing approval for foreign crypto exchanges to operate under U.S. regulatory frameworks, Acting Chairman Caroline D. Pham said on September 8 Speaking before the UK Parliament’s All-Party Parliamentary Group on Blockchain Technologies, Pham outlined a cross-border framework that could widen market access for American traders and bring offshore activity back under U.S. oversight. This came barely a week ago when the CFTC issued an advisory allowing for ...