Bitnomial Wins CFTC Approval for First Regulated U.S. Spot Crypto Exchange

Published at 2025-12-01 20:15:09

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.

Share on:

Related news

Coinbase CEO: Tokenized Stocks 'Inevitable' as BNB Chain Tops Market

Coinbase's CEO said tokenized stocks are 'inevitable' despite uncertainty around the CLARITY Act, signaling continued product focus and investor interest. Meanwhile BNB Chain has overtaken Solana as the leading platform for tokenized stocks.

Moldova Adopts EU-Style MiCA Framework, Plans First Crypto Law in 2026

Moldova will introduce its first cryptocurrency law in 2026, aligning domestic rules with the EU's MiCA framework while warning citizens about digital-asset risks. The move aims to bring regulatory clarity and investor protections.

South Korea to Ban Foreign Crypto Apps on Google Play From Jan. 28

Google Play will require foreign crypto exchanges to obtain FIU VASP registration in South Korea by Jan. 28 or face removal from the store.

US Senate Unveils Draft Bill to Clarify Digital Asset Rules

The US Senate released a draft crypto bill that assigns regulatory responsibilities, creates an ancillary asset classification, and sets minimum standards for exchanges. The proposal aims to reduce legal uncertainty and introduce clearer oversight for digital-asset markets.

India Tightens KYC Rules for Crypto Onboarding

India's tax and regulatory authorities have tightened KYC rules for crypto onboarding, saying cryptocurrencies and permissionless blockchains undermine effective tax collection. The move is aimed at improving traceability but may raise compliance burdens for exchanges and users.