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CFTC Exempts Crypto and Prediction Markets Software Providers From Broker Classification

CFTC Chair Calls Current Financial System Outdated, Backs Blockchain

The post CFTC Exempts Crypto and Prediction Markets Software Providers From Broker Classification appeared first on Coinpedia Fintech News

The US Commodity Futures Trading Commission (CFTC) has issued a no-action letter, exempting eligible crypto and prediction markets software providers from broker registration requirements. Importantly, a “no-action” position is an official statement from a regulator that it will not pursue enforcement actions against an individual or entity for a specific action. Crypto and prediction market …

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