The CFTC is reportedly preparing new rules that would let U.S. traders legally use offshore crypto exchanges. If this happens, it could change the market significantly.
Potential effects include:
More competition for U.S.-based exchanges
Higher global trading volumes
Increased demand for altcoins and crypto derivatives
The approval will likely come with conditions, such as strict KYC rules, compliance requirements, or restrictions depending on the country.
This could lead to more capital flowing into offshore platforms and reshape how crypto trading works. The key question is whether this is a real step toward wider U.S. crypto adoption or just another regulatory hurdle.