🚨CFTC Opens Door for Crypto Apps to Offer Regulated Derivatives Access
In a no-action letter, the CFTC said certain software providers can connect users to regulated derivatives markets without registering as brokers. $APM $ONE
The CFTC issued a no-action letter for passive software providers.
The letter covers software that gives users access to event contracts, perpetual contracts, and other regulated derivatives.
The position extends earlier Phantom relief to other providers that meet the agency’s conditions.
In a no-action letter, the CFTC said certain software providers can connect users to regulated derivatives markets without registering as brokers. $APM $ONE
The CFTC issued a no-action letter for passive software providers.
The letter covers software that gives users access to event contracts, perpetual contracts, and other regulated derivatives.
The position extends earlier Phantom relief to other providers that meet the agency’s conditions.
