The U.S. Commodity Futures Trading Commission (CFTC) is preparing to issue formal guidance that will permit U.S. users to trade on regulated offshore cryptocurrency exchanges, marking a major policy shift for the digital asset industry.
According to sources close to the matter, the clarification will outline clear compliance standards for foreign exchanges seeking to onboard American traders, focusing on AML/KYC requirements, derivatives oversight, and consumer protections.
Key Points:
-
CFTC guidance will clarify rules for offshore platforms serving U.S. customers
-
Aims to increase market competition while maintaining regulatory oversight
-
Could boost liquidity and access to global crypto derivatives markets
-
Expected to reduce regulatory uncertainty for international exchanges
Analysts say this move could reshape global crypto markets, giving U.S. traders more access to liquidity and diverse financial products, while pushing offshore platforms to raise compliance standards.