"CFTC, reviewing allowing foreign virtual asset exchanges to provide services in the U.S."
Son Min
Summary
- The U.S. Commodity Futures Trading Commission (CFTC) said it is reviewing allowing foreign virtual asset exchanges to provide services in the United States.
- It said the service permission would be limited to exchanges that comply with strong virtual asset regulations (such as MiCA).
- The CFTC said it would announce registration guidance related to authorization of foreign virtual assets.
The U.S. Commodity Futures Trading Commission (CFTC) appears to be reviewing allowing overseas virtual asset (cryptocurrency) exchanges to provide services within the United States.
On the 9th (local time), Eleanor Terrett, host of Crypto in America, posted on X (formerly Twitter) that "Caroline Pham, acting CFTC chair, is reviewing measures to allow overseas virtual asset exchanges to provide services in the United States." She also added, "The permitted entities would be limited to exchanges that comply with strong virtual asset regulations such as the MiCA law."
Earlier, the CFTC said it would announce registration guidance related to authorization for overseas virtual assets.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Market] Bitcoin slips below $77,000…Ethereum also breaks below $2,300](https://media.bloomingbit.io/PROD/news/f368fdee-cfea-4682-a5a1-926caa66b807.webp?w=250)
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