Crypto reporter Eleanor Terrett posted that "the U.S. Commodity Futures Trading Commission (CFTC) is about to issue guidance clarifying its Foreign Board of Trade (FBOT) registration rules, providing a legal avenue for non-U.S. trading platforms to allow U.S. users to trade on their platforms.

Acting Chairman Caroline D. Pham said this is a way to "bring crypto activity back to the U.S.," which had previously flowed out due to enforcement regulations during the Biden era, while reaffirming the regulatory framework that has existed since the 1990s.

For U.S. traders, this means legal access to more global liquidity; for the crypto industry, this is another step towards regulatory clarity and a move in the Trump administration's "crypto sprint" strategy."