{"id":570284,"date":"2026-03-17T16:52:41","date_gmt":"2026-03-17T16:52:41","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/03\/17\/cftc-issues-no-action-letter-for-crypto-wallet-provider-phantom\/"},"modified":"2026-03-17T16:52:41","modified_gmt":"2026-03-17T16:52:41","slug":"cftc-issues-no-action-letter-for-crypto-wallet-provider-phantom","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/03\/17\/cftc-issues-no-action-letter-for-crypto-wallet-provider-phantom\/","title":{"rendered":"CFTC issues &#8216;no-action&#8217; letter for crypto wallet provider Phantom"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMTIvMDE5YjBiNzQtZDQ5YS03ZGQyLWE1ZDItZDA0OWI1Yzc1OGU1.jpg\" alt=\"CFTC issues 'no-action' letter for crypto wallet provider Phantom\" class=\"type:primaryImage\" \/><\/p>\n<p>The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker.<\/p>\n<p>The US Commodity Futures Trading Commission (CFTC) said Tuesday that its Market Participants Division issued a no-action letter in response to a request from crypto wallet provider Phantom Technologies.<\/p>\n<p>A CFTC notice <a title=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9197-26\" href=\"https:\/\/www.cftc.gov\/PressRoom\/PressReleases\/9197-26\" target=\"_blank\" rel=\"nofollow noopener\">said<\/a> that the no-action letter would, under certain circumstances, stop the division from recommending that the regulator take an enforcement action against Phantom or its staff for failure to register as a broker. <\/p>\n<p>According to Phantom, the no-action position will <a title=\"https:\/\/phantom.com\/learn\/blog\/phantom-secures-cftc-no-action-relief-for-access-to-regulated-derivatives-and-event-contracts\" href=\"https:\/\/phantom.com\/learn\/blog\/phantom-secures-cftc-no-action-relief-for-access-to-regulated-derivatives-and-event-contracts\" target=\"_blank\" rel=\"nofollow noopener\">allow<\/a> the company to \u201cact as a non-custodial interface connecting users to a registered exchange [&#8230;] without taking on the regulatory obligations of an introducing broker.\u201d\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/cftc-no-action-letter-crypto-wallet-phantom\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker. The US Commodity Futures Trading Commission (CFTC) said Tuesday that its Market Participants Division issued a no-action letter in response to a request from crypto wallet provider Phantom Technologies. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":570285,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-570284","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570284","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=570284"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/570284\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/570285"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=570284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=570284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=570284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}