CFTC Opens Phantom-Style Compliance Path to Crypto Wallets and DeFi Interfaces

The CFTC is giving crypto wallets and DeFi interfaces a broader route into regulated derivatives without forcing them to become registered brokers.The move builds on a decision the agency made for Phantom earlier this year. What was once a company-specific carveout is now being offered to a much wider category of software providers — provided they follow the same rules.It arrives alongside a fresh push from the SEC around tokenized stocks, suggesting U.S. regulators are increasingly testin