CFTC to enable American citizens to act on Binance, other foreign crypto exchanges

The US Commodities Futures Trading Commission has issued new guidelines for foreign companies on Thursday, and said they now have a way to operate legally in the US

Said the regulator in one Blog post That the new guidelines had drawn up with regard to its Foreign Board of Trade Registration Framework, which would also apply to both traditional and cryptom markets.

In een verklaring beschreef Acting CFTC -voorzitter Caroline D. Pham de verhuizing als een manier om een ​​​​gebrek aan regelgevende duidelijkheid te verdrijven gekenmerkt door “regulering door handhaving” in de afgelopen jaren – een strategie die voormalig SEC -voorzitter Gary Gensler, onder president Joe Biden, onder president Joe Biden, onder president Joe Biden, onder president Joe Biden, onder president Joe Biden, under President Joe Biden, under President Joe Biden, under President Joe Biden, under President Joe Biden, under President Joe Biden, under President Joe Biden, under President Joe Biden, described.

“American companies that were forced to set up a store in foreign areas of law to facilitate Crypto assistant trade now have a path back to the American markets,” she said, called the move “another example of how the CFTC will continue to deliver victories for President Trump.”

Crypto exchanges such as Binance have been excluded from American markets in recent years because they are not registered with American supervisors. According to the conditions of a settlement of $ 4.3 billion in 2023, the exchange agreed To completely “leave” American markets.

Note from the editors: This story breaks and is updated with additional details.