CFTC issues no-action relief for Phantom wallet activities on 17 March 2026

On 17 March 2026, the U.S. Commodity Futures Trading Commission (CFTC) issued a no-action position for Phantom Technologies Inc. covering specified activities tied to its self-custodial wallet software. The relief lets Phantom market software that connects users to trading services offered by registered futures commission merchants, introducing brokers, and designated contract markets, without registering as an introducing broker or associated person if stated conditions are met.