CFTC expands no-action relief for passive software providers, impacts $XRP
The Commodity Futures Trading Commission (CFTC) has issued Staff Letter 26-25, significantly expanding its no-action relief for passive software providers that facilitate access to regulated derivatives markets. This move, highlighted by crypto analyst Levi Rietveld on September 17, has drawn attention within the digital assets industry, particularly among $XRP holders and developers.