🚨 CFTC vs Offshore Exchanges 🚨

The U.S. wants offshore crypto exchanges under the FBOT rulebook ⚖️

But experts say: ❌ These rules were built for TradFi, not crypto!

Eli Cohen of Centrifuge warns:

🔹 Settlement & clearing = nearly impossible for crypto

🔹 Only “super-regulated” firms can apply

🔹 Exchanges keep running to hubs like Seychelles 🌍

Meanwhile, Trump’s camp pushes for 🇺🇸 to lead global crypto with clear laws + 24/7 markets 🚀

👉 Question is: Will strict U.S. rules drive exchanges away… or will clarity finally bring them back?

#Crypto #CFTC #Regulation #Binance