Phantom Wins CFTC No-Action Relief, Clearing Path for Crypto Wallet Access to Regulated Derivatives Markets

Phantom wins CFTC no-action relief, clearing path for crypto wallet access to regulated derivatives markets

This means Phantom can act as a non-custodial interface connecting users to registered derivatives platforms, removing the need for broker registration under specific conditions.

CFTC permits Phantom Technologies to facilitate trading with registered brokers

The post CFTC permits Phantom Technologies to facilitate trading with registered brokers appeared on BitcoinEthereumNews.com. Phantom Technologies Inc., the company behind Phantom Wallet, a prominent self-custodial crypto wallet, has secured no-action relief from the Commodity Futures Trading Commission’s Market Participants Division to operate certain trading-related features without registering as a broker, provided specified conditions are me…