The CFTC officially allows crypto spot trading on regulated exchanges in the U.S.
This is the first time in history that crypto spot assets are legally permitted to be traded on exchanges registered with the CFTC – which has always been regarded as the highest standard for transparency and investor protection in the U.S.
Bitnomial has become the first exchange to be approved and implement this product, paving the way for other giants like CME, Cboe, and many other reputable derivatives exchanges to potentially join in the near future.
This move marks an important milestone in the process of legalizing and integrating cryptocurrency into the regulated financial system in the U.S. Previously, U.S. investors primarily had to trade on traditional crypto exchanges with uneven oversight and significantly higher legal risks.