CFTC: No-Action Relief for Crypto Software Developers
CFTC issues no-action relief letting crypto software developers build tools for registered futures firms without broker registration.
SourceAnalysis
CFTC staff issued no-action relief today that lets software developers create passive tools linking users directly to registered futures firms and exchanges. Developers avoid broker registration under the new position detailed in release 9300-26. This step builds on prior CFTC efforts to clarify rules for crypto infrastructure while futures platforms still face standard broker requirements.
Eleanor Terrett
@EleanorTerrettBritish-born Fox Business journalist and producer, JMU graduate breaking news with a global perspective.