Phantom pulls on-chain perps into the US wallet war ahead of July 9 deadline
Phantom filed with the CFTC seeking clarity that non-custodial wallets can access registered on-chain perpetual futures without becoming brokers. The move targets July 9's regulatory deadline, positioning self-custody wallets as market interfaces while registered venues retain custody and execution control. This framework could let US traders access perpetual futures within wallet apps, expanding crypto derivatives accessibility through existing platforms.
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