A CFTC-driven initiative to permit leveraged spot cryptocurrency trading in the U.S. is launching, beginning with Bitnomial, after pro-crypto signals from President Donald Trump. The move positions the CFTC as the primary regulator for this new product class.
Chicago-based Bitnomial has received CFTC approval to offer spot cryptocurrency products, positioning it as the first U.S. exchange regulated by the CFTC for spot trading. The development is a notable shift in U.S. crypto oversight and could open the door to more institutional participation.