Today in crypto, the US Commodity Futures Trading Commission opened a pathway for offshore exchanges to legally serve American clients. Kanye West’s YZY token collapsed over 80% after launch, wiping out $74 million for 51,000 traders. Spot Ether ETFs, meanwhile, extended their streak of outperforming Bitcoin funds to a fifth straight day.
US regulator opens pathway for Americans to trade on offshore crypto exchanges
The US Commodity Futures Trading Commission (CFTC), a US financial regulator, announced on Thursday that offshore crypto exchanges now…

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