U.S. Investors Can Now Trade Crypto on Offshore Platforms Legally

Offshore cryptocurrency exchanges can now legally serve U.S. clients thanks to new regulatory guidance from the CFTC (Commodity Futures Trading Commission). The update clarifies that foreign boards of trade (FBOTs) can operate under existing rules, removing confusion and allowing companies to resume operations in the US market. Binance and other platforms can expand their reach through FBOT registration while adhering to clear regulations set forth by the CFTC.