Bitnomial Wins CFTC Approval for First Regulated U.S. Spot Crypto Exchange
Chicago-based exchange Bitnomial has secured CFTC approval to offer spot cryptocurrency products, making it the first U.S. exchange to operate under the commission’s oversight for spot markets. The clearance allows Bitnomial to begin launching regulated spot trading services while citing the CFTC’s jurisdiction over certain digital-asset markets.
The decision is significant because it creates a new regulatory path for spot trading in the U.S., potentially attracting institutional liquidity and prompting other firms to seek similar treatment. Market participants will watch how this affects the jurisdictional balance between U.S. regulators and whether the approval leads to clearer rules, improved market integrity, and broader mainstream adoption of onshore crypto trading venues.