Policy
Wallets Can Offer Regulated Perps Without a Broker License, CFTC Staff Says
Unchained·September 17, 2026·1 min read
CFTC staff says wallets can offer regulated perps without a broker license, extending the relief Phantom won in March to any provider of 'passive software' meeting conditions. One condition requires every registered venue or broker to sign an undertaking accepting joint liability.
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