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CFTC issues no-action position for passive software providers

CoinDesk reports that the position shields developers who build trading tools from having to register as introducing brokers.

crypto.newsCR
CoinDeskCO
CoinGapeCO
3 Sources, 20d ago, first seen 20d ago

TLDR

CoinDesk reports that the CFTC issued a no-action position for passive software providers, shielding trading-tool developers from introducing-broker registration. The outlet describes it as a key protection for decentralized finance (DeFi) and crypto software developers.

Combined views

58.2K

3 Sources, first seen 20d ago

449 likes31 comments28 saves97 reposts

Combined views

58.2K

3 Sources, first seen 20d ago

449 likes31 comments28 saves97 reposts

Sentiment

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No sentiment analysis available yet.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

3 Sources

crypto.news@cryptodotnewsBREAKING: CFTC expands no-action relief for passive crypto trading software providers. The relief spares eligible providers from broker registration if their software facilitates derivatives trading without taking custody or controlling execution, subject to specific conditions.20d
CoinDesk@CoinDeskNEW: The CFTC issues a no-action position for passive software providers, shielding developers who build trading tools from having to register as introducing brokers, a key protection for DeFi and crypto software developers.20d
CoinGape@CoinGapeMedia🚨 @CFTC Clears Path for Crypto #Trading Tools The #CFTC issued a no-action position allowing #eligible passive software providers to build #derivatives trading tools without #broker registration, subject to specific conditions. 🔗 Know more in comments20d
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    3 Sources

    crypto.news@cryptodotnewsBREAKING: CFTC expands no-action relief for passive crypto trading software providers. The relief spares eligible providers from broker registration if their software facilitates derivatives trading without taking custody or controlling execution, subject to specific conditions.20d
    CoinDesk@CoinDeskNEW: The CFTC issues a no-action position for passive software providers, shielding developers who build trading tools from having to register as introducing brokers, a key protection for DeFi and crypto software developers.20d
    CoinGape@CoinGapeMedia🚨 @CFTC Clears Path for Crypto #Trading Tools The #CFTC issued a no-action position allowing #eligible passive software providers to build #derivatives trading tools without #broker registration, subject to specific conditions. 🔗 Know more in comments20d
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