A key US financial regulator has announced new rules that could make it simpler for Americans to trade on cryptocurrency platforms based in other countries.
The Commodity Futures Trading Commission (CFTC) said it wants to clear up confusion that had forced many crypto companies to move their operations overseas.
The agency’s acting head, Caroline Pham, said the old approach of “regulation by enforcement” had pushed trading out of the US and that this new guidance provides a “path back” for those companies, offering American traders more choice.
