Summary
- The U.S. CFTC said it will issue guidance clarifying registration rules for foreign virtual asset exchanges.
- The guidance is said to include ways exchanges outside the United States can legally provide trading services to U.S. investors.
- The industry said it expects the measure to help resolve uncertainty for foreign exchanges and strengthen investor protection in the United States.
On the 28th (local time), according to Eleanor Terrett, host of Crypto in America, the U.S. Commodity Futures Trading Commission (CFTC) is expected to soon issue guidance clarifying registration rules for foreign virtual asset (cryptocurrency) exchanges.
The guidance is reported to include ways that exchanges outside the United States can legally offer trading services to U.S. investors.
The industry expects this measure to reduce uncertainty for foreign exchanges and contribute to investor protection and regulatory consistency within the United States.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
