Regulatory red tape ripped away from crypto wallets, granting direct access to derivatives

Crypto wallets used to mean one thing: self-custody. Users held their keys, owned their assets, and stayed off the radar of traditional finance. Phantom's Mar. 17 no-action relief from the CFTC's Market Participants Division rewrites that definition. The letter allows Phantom to serve as the consumer interface for regulated derivatives without registering as an introducing […] The post Regulatory red tape ripped away from crypto wallets, granting direct access to derivatives appeared first on CryptoSlate.