The Commodity Futures Trading Commission (CFTC) has introduced a framework allowing Americans legal access to offshore crypto exchanges.
CFTC Restores Clarity on Offshore Crypto Exchange Access With New FBOT Advisory
Acting Chairman Caroline Pham announced in a press release that the Division of Market Oversight released an advisory on foreign board of trade (FBOT) registration. The framework applies to exchanges outside the United States, including those offering digital asset trading platforms.
Pham said the advisory restores clarity after years of uncertainty. She emphasized that American crypto firms forced abroad now have a clear path back to U.S. markets under CFTC oversight.
She added that the CFTC’s action ensures U.S. users can trade safely and efficiently on offshore platforms that meet registration standards. According to Pham, the move also opens global markets to Americans while reinforcing protections through CFTC regulation.
The CFTC said the new guidance ends this ambiguity. The FBOT framework will remain the official channel for offshore platforms seeking to serve U.S. users.
Since the 1990s, Americans have traded legally on foreign exchanges registered under this framework. The new advisory reaffirms that crypto exchanges can also use this process.
Pham described the move as part of the CFTC’s ongoing crypto sprint under President Trump. She called it a win for market choice, liquidity, and investor safety.
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Paul
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
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