Bitnomial Prepares to Debut First CFTC-Regulated Spot Crypto Market

CN
coindesk
Follow
1 hour ago


Bitnomial, a Chicago-based derivatives exchange, is preparing to roll out the first spot cryptocurrency trading platform overseen by the U.S. Commodity Futures Trading Commission (CFTC).

The Chicago-based derivatives exchange’s self-certified rules became effective Friday, authorizing it to list both leveraged and non-leveraged spot crypto products. The approval opens the door for customers to buy, sell and finance digital assets directly on a federally regulated commodities exchange — a first in the U.S. market.

Caroline Pham, the acting head of the CFTC, said in November that it was in talks with regulated exchanges over the potential launch of spot crypto products.

Bitnomial’s approval lands as the CFTC accelerates its effort to bring retail-facing crypto markets under federal commodities oversight. Pham has argued the agency already has sufficient authority to supervise spot crypto commodities.

The CFTC and the Securities and Exchange Commission recently revealed that nothing in current law prevents exchanges registered with either regulator from listing certain crypto commodity products, including those with leverage, so long as they coordinate with agency staff.

The approval could pave the way for other exchanges that hold designated contract market (DCM) status, including Coinbase and prediction market venues like Kalshi and Polymarket.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink