The U.S. CFTC approves regulated platforms to open spot digital asset products, and Bitnomial will launch the leveraged spot market

According to Foresight News, Caroline D. Pham, Acting Chairman of the U.S. Commodity Futures Trading Commission (CFTC), announced today that “listed spot cryptocurrency products will begin trading on federally regulated CFTC-registered futures exchanges in the United States for the first time.” This is one of the first agenda items in the “Cryptocurrency Sprint” plan launched to implement the government’s pro-cryptocurrency policy goals. Other elements of the plan include: enabling tokenized collateral (including stablecoins) in the derivatives market, and formulating rules to CFTC Technical amendments to regulations governing collateral, margining, clearing, settlement, reporting and record-keeping to support the use of blockchain technology and market infrastructure (including tokenization) in our markets.


According to CoinDesk, Bitnomial will launch the first CFTC-regulated spot cryptocurrency market. Bitnomial is one of several designated contract markets (DCMs) regulated by the U.S. Commodity Futures Trading Commission (CFTC), including Coinbase, Kalshi, and Polymarket.

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