PANews reported on September 9 that according to crypto journalist Eleanor Terrett, Caroline D. Pham, acting chairperson of the U.S. Commodity Futures Trading Commission (CFTC), said in a recent speech that the agency is exploring whether overseas cryptocurrency trading platforms that follow strict crypto-asset-specific rules (such as the EU's MiCA framework) can be recognized under U.S. cross-border regulatory provisions.

Previously, the agency had reiterated its long-standing regulatory framework for Foreign Boards of Trade (FBOTs), allowing some non-U.S. cryptocurrency exchanges that are already regulated by foreign regulators to directly serve U.S. traders by registering with the CFTC as FBOTs (rather than designated contract markets (DCMs)).