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Challenges for Offshore Crypto Exchanges in the US
CryptocurrencyCrypto RegulationUpdated 2 days ago

Challenges for Offshore Crypto Exchanges in the US

An attorney has stated that the Foreign Board of Trade (FBOT) framework is not suitable for cryptocurrency exchanges, highlighting significant challenges for offshore crypto operations seeking to enter the US market.

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FBOT registry won't bring offshore crypto exchanges to the US — Attorney
NegativeCryptocurrency
The Foreign Board of Trade (FBOT) framework is not suitable for cryptocurrency exchanges, according to an attorney. This indicates challenges for offshore crypto operations in the US.
Editor’s Note: This matters because it highlights the regulatory hurdles that cryptocurrency exchanges face when trying to operate in the US. The FBOT framework, aimed at traditional finance, may not accommodate the unique needs of the crypto industry.
FBOT registry won't bring offshore crypto exchanges to the US — Attorney
NegativeCryptocurrency
The Foreign Board of Trade (FBOT) framework is unsuitable for cryptocurrency exchanges, according to an attorney. This indicates challenges for offshore crypto platforms looking to operate in the US.

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