On August 29th (UTC+8), the United States Commodity Futures Trading Commission (CFTC) is about to release an announcement clarifying its "Foreign Board of Trade (FBOT)" registration rules, providing a clear path for non-US exchanges to open trading to US investors. Acting Chairman Caroline D. Pham stated that this move aims to bring crypto activities that have flowed out of the United States due to the Biden administration's "enforcement-style regulation" back to the United States, and reiterated the regulatory framework that has existed since the 1990s. The industry believes that this will bring more compliant channels for US traders to access global liquidity, and is also another step forward in the Trump administration's "crypto sprint." (Source: X platform) [MetaEra]