$TRUMP The Commodity Futures Trading Commission (CFTC) has sent a clear message to cryptocurrency companies that left the United States: they can come back. The key to their return is to register as a Foreign Board of Trade (FBOT). With this status, companies can deal directly with U.S. customers without having to meet the stricter requirements of a U.S. derivatives market (DCM).

According to the acting chair of the CFTC, Caroline Pham, this measure is part of an effort to pave the way for cryptocurrency businesses in the country. The notice issued by the agency does not change existing policies but serves as a reminder. The only condition is that companies applying for FBOT must be rigorously regulated in their home countries.

In essence, the CFTC is welcoming back cryptocurrency firms that felt pressured to leave, offering them a way to operate legally in the United States. This move comes as the agency goes through a transition period in its leadership, with acting chair Pham pushing initiatives that aim to favor the crypto sector.