CFTC Gives Crypto Wallet Developers a New Regulatory Escape Hatch
The U.S. Commodity Futures Trading Commission (CFTC) just opened a regulatory side door for software developers, allowing some to market derivatives, collect trading fees and avoid registering as brokers. The agency’s Market Participants Division extended conditional no-action relief to providers of “passive software” on Sept. 17, taking a framework originally granted to Phantom Technologies in […]
Key Takeaways
- Commodity Futures Trading Commission (CFTC) just opened a regulatory side door for software developers, allowing some to market derivatives, collect trading fees and avoid registering as brokers.
- The agency’s Market Participants Division extended conditional no-action relief to providers of “passive software” on Sept.
- 17, taking a framework originally granted to Phantom Technologies in […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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