According to market news, the U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued a No-Action statement regarding Phantom, the developer of self-custodied cryptocurrency wallet software, no longer requiring Phantom to register as a self-custodied securities broker. The statement pertains to software that Phantom intends to offer and promote to users, designed to help users trade through Registered Futures Dealers (FCMs), Introducing Brokers (IBs), and Designated Contract Markets (DCMs). Under certain conditions, the CFTC will not recommend enforcement action against Phantom or its associates solely for not registering as an introducing broker or related personnel due to the aforementioned activities. This move provides regulatory clarity for the interaction of self-custodied wallets with traditional futures markets and reduces Phantom's compliance uncertainty.