🚨NEW: In a recent speech, Acting CFTC Chair @CarolineDPham said the agency is exploring whether foreign crypto trading platforms that follow robust, crypto-specific rules, such as the EU’s MiCA framework, could be recognized under U.S. cross-border regulations. It follows the agency’s recent reaffirmation of its longstanding framework for Foreign Boards of Trade (FBOTs), which allows certain non-U.S. crypto exchanges already regulated by a foreign authority to provide direct access to U.S. traders by registering with the CFTC as FBOTs rather than as Designated Contract Markets (DCMs).(Eleanor Terrett)