Binance Coin (BNB) Briefly Booms as CFTC Guidance Looms

Binance Coin (BNB) saw a short-term surge of over 1.5%, reaching a peak price of $875, before settling down. This rise came in the wake of news that the U.S. Commodity Futures Trading Commission (CFTC) is preparing to release guidance on its Foreign Board of Trade (FBOT) registration rules. These new guidelines are expected to provide a legal framework for international platforms seeking to register with the CFTC and offer their services to US traders.