The Commodity Futures Trading Commission (CFTC) is expanding the trading of cryptocurrencies and prediction markets to online platforms.
The CFTC is enabling crypto and prediction market trading via online platforms by exempting some software providers from registration requirements.
The Washington, D.C.-based regulator said that “passive software” providers that partner with regulated entities won’t face enforcement penalties for failing to register as brokers, so long as they never take custody of a user’s assets.
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