According to the source, CFTC Acting Chair Caroline D. Pham stated the regulator is "alive and well" and urged "no more FUD," a direct signal intended to quell uncertainty around U.S. crypto oversight, source: Caroline D. Pham public social media remarks dated Sep 29, 2025. Traders can treat this clarity message as a near-term sentiment stabilizer around regulatory headlines and monitor BTC and ETH liquidity, implied volatility, and basis during U.S. hours for positioning shifts, source: trading analysis anchored to Caroline D. Pham public social media remarks dated Sep 29, 2025.

According to @EleanorTerrett, the CFTC will soon issue an advisory clarifying its foreign board of trade (FBOT) registration rules, providing non-U.S. exchanges a clear path to allow Americans to trade on their platforms, source: @EleanorTerrett on X. According to @EleanorTerrett, Caroline D. Pham described the move as a way to onshore crypto activity that had moved offshore, highlighting a regulatory pathway for compliant U.S. participation on foreign venues, source: @EleanorTerrett on X.