U.S. CFTC Grants Regulatory Exemption to Phantom, Allowing Entry into Cryptocurrency Wallet Derivatives

CFTC Grants Registration Exemption to Phantom

The Market Participants Division (MPD) of the U.S. Commodity Futures Trading Commission (CFTC) announced on the 17th that it has issued a no-action position to Phantom Technologies, a developer of self-custodial cryptocurrency wallet software. The official statement clarified that Phantom's planned derivative trading interface and marketing activities will not require broker registration...