CFTC to Allow US Citizens to Trade on Binance, Other Foreign Crypto Exchanges

CN
Decrypt
Follow
2 hours ago

The U.S. Commodities Futures Trading Commission issued new guidance on Thursday for foreign firms, saying they now have a pathway to operating legally in the U.S.


The regulator said in a blog post that it had put out new guidance regarding its foreign board of trade registration framework, which would apply equally to both traditional and crypto markets.


In a statement, Acting CFTC Chair Caroline D. Pham described the move as a way to dispel a lack of regulatory clarity marked by “regulation through enforcement” in recent years—a strategy employed by former SEC Chair Gary Gensler, under President Joe Biden, that had been widely criticized across the crypto industry.





“American companies that were forced to set up shop in foreign jurisdictions to facilitate crypto asset trading now have a path back to U.S. markets,” she said, calling the move “another example of how the CFTC will continue to deliver wins for President Trump.”


Crypto exchanges like Binance have been precluded from U.S. markets in recent years because they are not registered with U.S. regulators. Under the terms of a $4.3 billion settlement in 2023, the exchange agreed to "completely exit” U.S. markets.


Editor's note: This story is breaking and will be updated with additional details.


免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

用 AiCoin K 线分析,组队开战WSOT,争夺 1000 万 USDT 奖池
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink