Crypto Council for Innovation(@crypto_council):The CFTC's no-action position is welcome relief for developers and a meaningful step forward. Software that connects users to regulated derivatives venues should be treated as software, not a broker, when it does not hold user assets, generate buy or sell signals, or exercise discretion over how orders are routed or executed. Applying this protection to all similarly situated developers rather than one firm at a time, puts builders on equal footing and saves staff from processing the same request repeatedly. CCI commends @CFTC staff for this practical, technology-neutral approach and looks forward to sharing our expertise as the Commission considers formal rules.

Crypto Council for Innovation@crypto_council

2026.09.17 15:54

The CFTC's no-action position is welcome relief for developers and a meaningful step forward. Software that connects users to regulated derivatives venues should be treated as software, not a broker, when it does not hold user assets, generate buy or sell signals, or exercise discretion over how orders are routed or executed. Applying this protection to all similarly situated developers rather than one firm at a time, puts builders on equal footing and saves staff from processing the same request repeatedly. CCI commends @CFTC staff for this practical, technology-neutral approach and looks forward to sharing our expertise as the Commission considers formal rules.