CFTC no-action relief lets Phantom wallet link users to trading venues without broker registration on 17 March 2026

On 17 March 2026, the U.S. Commodity Futures Trading Commission granted no-action relief to Phantom Technologies Inc. for activities related to its self-custodial wallet software. The position allows Phantom to offer wallet interfaces that connect users to trading services from registered futures commission merchants, introducing brokers, and designated contract markets without registering as a broker, as long as specific conditions are satisfied.