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.

According to @LexSokolin, the United States now outpaces London with more fintech unicorns, clearer crypto rules, deeper capital markets, and far more IPOs, underscoring that regulation drives economic outcomes (source: @LexSokolin on X, Aug 10, 2025). According to @LexSokolin, this relative advantage signals that listings and liquidity for fintech and crypto-related assets may concentrate more in US markets than in the UK, a factor traders should consider when allocating across venues and exposures (source: @LexSokolin on X, Aug 10, 2025).