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The Commodity Futures Trading Commission has broadened a no-action position so that any developer of “passive software” that lets users trade crypto derivatives no longer risks enforcement as an unregistered broker, according to a CFTC press release published September 17. The move extends an earlier March letter that applied only to a single self-custodial wallet…

Currencies39240 Market Cap$ 2.73T+1.47% 24h Spot Volume$ 35.90B+1.53% DominanceBTC56.76%-0.30%ETH11.04%+0.20% ETH Gas0.12 Gwei RegulationBlockchainDeFiCFTC Sep 18, 2026 2min read byEricMaina forBlockchainReporter

CFTC issues no-action relief for passive software providers connecting users to regulated derivatives. Relief allows wallets to offer access to perpetual futures and event contracts without broker registration.

In a significant victory for its clients eToro USA Securities Inc. (eToro) and Alpaca Securities LLC (Alpaca), Lowenstein Sandler secured two SEC no-action letters that provide significant relief and regulatory clarity for broker-dealers and their affiliated fintech platforms.