The Commodity Futures Trading Commission (CFTC) issued a Staff Letter on Thursday clarifying that foreign exchanges, including crypto-focused entities, can begin offering their products to US residents under its foreign board of trade (FBOT) registration framework.
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1030 as compared to the previous day's fix of 7.1063 and 7.1274 Reuters estimate.
The Dow Jones Industrial Average (DJIA) ground to a halt on Thursday, stuck near the 45,500 region as investors await the latest batch of United States (US) Personal Consumption Expenditures Price Index (PCE) inflation data, due on Friday.