August 29, 2025
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CFTC: Crypto FIRMS THAT LEFT US CAN OPEN DOORS HERE as Foreign Boards of Trade

The US DERIVATIVES REGULATOR Issued A “Reminder” that Foreign Crypto Firms Registered with The CFTC As FBots Can Directly Handle US Customers.”, – WRITE: www.coindesk.com

The US DERIVATIVES REGULATOR Issued A “Reminder” that Foreign Crypto Firms Registered with The CFTC As FBots Can Directly Handle US Customers. AUG 28, 2025, 6:46 pm

The Commodity Futures Trading Commission – Under Its Ongoing “Crypto Sprint” to Open A Wider Path for Us Crypto Business – Issued An Advisory on Thursday Thoir Agency as Foreign Boards of Trade Can Deal Directly with US Customers.

“American Companies That Were Forted To Set Up Shop In Foreign Jurisdiksdiksions to Facilitis Crypto Asset Trading Now Hame Back to Us Markets,” SAID CFTC ACTING CARLINE CAROLIN Didn’t Make Any Changes to Agency Policy But Was Meant To Serve As A “Reminder” of A Possible Approach for Such Companies.

“Since the 1990s, Americans have been able to trade on non-US exchanges that are registered with the cftc as fbots. And OPENS UP US Markets to the Rest of the World, “SAID PHAM, WHO IS HOLDING The REGULATOR’S LEADERSHIP SPOT UNTIL A PERMANENT REPLACEMENT SELECTED BY President Donald Trump.

She Called The Advisory, WHICH WAS Issued by the CFTC’s Division of Market Oversight, “Another Example of How The CFTC Will Continue to Deliver Wins for President Trump As.

The agent’s have been receiving increasted interest in such registrations, the statement said, and the CFTC aims to make Clear That Firms Eligible for FBot Status Don ‘. (DCMS) In Order to Let US Clients Directly Access their Electronic Trading Services. The FIRMS DO TO BE RIGOROSLY REGULATED ON Their Home Turf, accounting to the cftc regulations.

Trump Had nominated Brian Quintenz, A Former CFTC Commissioner, to Take Over The Chairman Spot, but The White House Paused his Confirmation Before The Senate’s Summer Recess. He’s Expert to Return to That Process As Soon As Next Week, But If IF He’s ConfirMed, He’ll Be The Only Member of What’s Meant to Be A Five-Person Commission. Republican Pham HAS SAID She’s Set to Leave, and the Commission’s Only Democrat, Kristin Johnson, is Exiting Next Week.

Meanwhile, Pham have been using Much of her time at the commission to pursue crypto-freely initiats.

Read More: Whtc Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

Jesse Hamilton

Jesse Hamilton is Coindesk’s DEPUTY Managing Editor On the Global Policy and Regulation Team, Based in Washington, DC Before Joinga Coindesk in 2022, He Worked For More Thon. News and Businessweek, Writing About the Early Whisperings Among Federal Agencies Trying to Decide What to Do About Crypto. He’s Won Several National Honors in His Reporting Career, Including from His Time As A War Correspondent in Iraq and As A Police Reporter for Newspapers. Jesse is a graduate of Western Washington University, WHERE HE STUDIED Journalism and History. He have no crypto holdings.

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Jesse Hamilton

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What to Know:

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