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Gila, the new Solana wallet Phantom has just received the green light from the CFTC for access to a regulated derivatives market. This is pretty big, because a wallet that used to be just for holding assets can now become a gateway to more complex financial instruments.
So basically, Phantom is no longer just an ordinary wallet. Users can trade derivatives through a regulated platform, which means an added layer of security and oversight. This is also a signal that regulation is starting to embrace crypto wallets as part of a broader financial ecosystem.
It’s quite interesting to see how this Solana wallet will develop. Has anyone already used Phantom? How do you feel about this move?