CFTC reiterates support for crypto asset trading facilitation in US
While this news primarily reiterates existing policy, the reminder signals that the CFTC is increasingly receptive to offshore exchanges that operate in jurisdictions that the US considers as having ‘credible’ regulatory frameworks.
Editorial
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.
This week, the CFTC – the Commodity Futures Trading Commission – issued an advisory on the foreign board of trade (FBOT) registration framework for non-US entities legally organised and operating outside the nation that look to provide those within the US with direct market access to their trading platforms.
The CFTC reiterated that the FBOT registration…
