According to Foresight News, FOX Business journalist Eleanor Terrett reports that Caroline D. Pham, the acting chair of the U.S. Commodity Futures Trading Commission (CFTC), recently discussed the agency's exploration of recognizing overseas cryptocurrency trading platforms that adhere to robust, crypto-specific regulations, such as the EU's MiCA framework, under the U.S. cross-border regulatory framework. This statement follows the CFTC's recent reaffirmation of its longstanding Foreign Board of Trade (FBOTs) framework. This framework permits certain non-U.S. cryptocurrency trading platforms, already regulated by foreign authorities, to register with the CFTC as FBOTs rather than as Designated Contract Markets (DCM), thereby providing direct trading access to U.S. traders.