The U.S. Commodity Futures Trading Commission (CFTC) has issued a no-action letter to Phantom Technologies Inc., the developer of the self-custodied crypto wallet Phantom. This decision allows Phantom to offer software features enabling users to trade through registered Futures Commission Merchants, Introducing Brokers, and Designated Contract Markets without facing enforcement action for unregistered introducing brokers. The CFTC's Market Participant Division clarified that this relief is contingent upon certain conditions being met. This move is seen as a significant step for Phantom, as it seeks to expand its trading capabilities while ensuring compliance with regulatory standards.