Gate Futures Completes CFTC Independent Introducing Broker Registration

Gate Futures, a subsidiary of Gate US, has completed its registration as an independent introducing broker with the U.S. Commodity Futures Trading Commission (CFTC) and has become a member of the National Futures Association (NFA). Gate Futures can accept or solicit derivative orders from customers, but it does not directly hold customer margins or assets. This registration is interpreted as a procedure for Gate US to expand its operational base within the U.S. derivatives regulatory framework. The CFTC targets futures brokers and introducing brokers for registration, with the NFA conducting the registration review and management. This registration is significant amid the trend of digital asset companies expanding their business scope within U.S. regulatory jurisdiction. Independent introducing brokers focus on attracting and transmitting customer orders, requiring customers to open accounts with futures brokers and relay customer orders. For Korean readers, this matter can be seen as a change in the regulatory approach of virtual asset exchange affiliates in the U.S.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.