Bitnomial set to launch first CFTC-regulated spot crypto trading

Bitnomial, a derivatives exchange based in Chicago, is preparing to launch the first spot cryptocurrency trading platform regulated by the Commodity Futures Trading Commission (CFTC). Following the self-certification of its rules, the platform will be able to list both leveraged and non-leveraged spot products, allowing retail investors to directly trade, sell, and finance digital assets on a CFTC-regulated venue. This development follows guidance from the CFTC, which oversees commodity markets and digital assets, encouraging exchanges to introduce compliant spot crypto trading products. A joint statement from the SEC and CFTC confirmed that current law does not prevent SEC- or CFTC-registered exchanges from facilitating spot crypto commodity trading.

(Source：Crypto Briefing)