Odaily Planet Daily reported that crypto reporter Eleanor Terrett wrote, “The U.S. Commodity Futures Trading Commission (CFTC) is about to issue guidance to clarify its Foreign Platform for Trading (FBOT) registration rules, providing a legal path for non-U.S. trading platforms to allow U.S. users to trade on their platforms.

Acting Chairwoman Caroline D. Pham called it a way to “reshore” crypto activity that had previously been siphoned out by Biden-era law enforcement, while reaffirming a regulatory framework that has been in place since the 1990s.

For U.S. traders, this means legal access to more global liquidity; for the crypto industry, it is another step towards regulatory clarity and a move in the Trump administration’s “Crypto Sprint” strategy.”