TechFlow news, September 9 — According to crypto journalist Eleanor Terrett, CFTC Acting Chair Caroline D. Pham said in a recent speech that the agency is considering whether foreign exchanges complying with strict crypto regulations such as the EU's Markets in Crypto-Assets Regulation (MiCA) could be recognized under the U.S. cross-border regulatory framework.
This statement follows the CFTC's recent reaffirmation of its long-standing Foreign Board of Trade (FBOT) framework, which allows non-U.S. cryptocurrency exchanges already regulated by foreign authorities to serve U.S. traders directly by registering as an FBOT rather than as a Designated Contract Market (DCM).
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