The US Commodity Futures Trading Commission (CFTC) announced on Thursday that American traders will now have access to foreign cryptocurrency exchanges, marking another regulatory breakthrough for the digital asset industry.

US Residents To Trade On Global Crypto Platforms

The CFTC’s Division of Market Oversight released an advisory regarding the foreign board of trade (FBOT) registration framework, which applies to non-US entities such as Binance , Bybit and OKX, legally established outside the United States.

This framework allows these foreign crypto exchanges to provide direct market access to US residents, enabling them to trade on their platforms. Importantly, this registration framework encompasses all markets, covering both traditional and digital assets. Acting Chair Car

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