SPI Asks CFTC to Bring Blockchain-Friendly Reforms
The post SPI Asks CFTC to Bring Blockchain-Friendly Reforms appeared on BitcoinEthereumNews.com. Key Highlights On Thursday, the Solana Policy Institute submitted comments urging the CFTC to update the outdated rules that create obstacles for blockchain-based innovations. In the filing, Solana Policy Institute urged regulators that non-custodial front-ends should not be classified as intermediaries just for allowing users to submit transactions. The response comes after the CFTC’s June 2026 request for the public to boost fintech innovations. On July 9, Solana Policy Institute submitted its response to the U.S. Commodity Futures Trading Commission (CFTC) request for public input on barriers to fintech innovation. In the official document, the non-profit organization mentioned the need to update old regulatory frameworks to support blockchain-based markets and non-custodial interfaces like wallets. The Solana Policy Institute mentioned in the response that “These comments focus on three