On Dec. 4, the United States Commodity Futures Trading Commission (CFTC) approved leveraged spot crypto trading on federally regulated exchanges. For the first time in American history, spot Bitcoin and other crypto assets can trade with margin inside the CFTC framework that already governs futures and options, backed by central clearing and long-tested risk management. […]
The post CFTC leverage ruling finally opens the door for $25 trillion giants to enter the crypto market appeared first on CryptoSlate.
Regulators in Washington on Thursday cleared a major step that lets Americans trade spot Bitcoin and other cryptocurrencies on federally registered exchanges for the first time. Related Reading: Bitcoin Crash Fails To Shake Ripple CEO — He Still Calls For $180K According to the Commodity Futures Trading Commission, listed spot crypto products may now be offered on exchanges registered with the agency, a move announced on December 4, 2025. Regulated Spot Trading Begins The action comes from a CFTC press release labeled Release No. 9145-25 and that the change allows spot crypto contracts to be listed on futures exchanges that are registered with the CFTC. The regulator said its rules now permit such listings to trade under the oversight and surveillance standards those exchanges already follow. .@CFTCpham Announces First-Ever Listed Spot Crypto Trading on U.S. Regulated Exchanges: https://t.co/89Mx6f0ss4 — CFTC (@CFTC) December 4, 2025 Bitnomial Leads The Way Bitnomial, a Chicago-based derivatives exchange, is set to be the first exchange to list such products, with plans to offer both leveraged and non-leveraged spot trading on its platform. Market notices and statements show Bitnomial moved quickly to use the new framework, announcing a launch and filings that position it as the first US venue to trade listed spot crypto under CFTC rules. What This Means For Investors According to market commentators and reporting, the shift brings spot trades under long-standing market protections like clearing, surveillance and execution rules that apply to other listed products. That can make some institutional players and big funds more willing to trade onshore. At the same time, regulators say this is meant to pull activity away from unregulated offshore venues and improve market oversight. Acting Chairman Caroline Pham said the move is meant to strengthen the US position in the crypto market while giving traders access to safer and more transparent trading venues. Risks Remain Reports have disclosed that the change does not remove the underlying risks of crypto: prices can swing widely, and no regulatory move can stop market volatility. Also, only exchanges that seek and obtain the proper CFTC registration will be able to use this route, so most offshore platforms remain outside US oversight for now. Related Reading: Eric Trump Says Bitcoin Could Hit $500,000, Stands By ABTC Strategy Next Steps Observers will be watching whether other US exchanges follow Bitnomial, how many retail investors gain access, and how the SEC responds on parallel issues such as token classification and custody rules. The CFTC had flagged this pathway in August as part of a broader initiative to allow listed spot crypto trading, and agencies have since coordinated on guidance and public engagement. The CFTC’s Acting Chairman said this brings spot crypto trading into a regulated setting Americans can trust, and that exchanges with the right protections can now list these products. This development is part of a months-long policy push by the administration to create clearer rules for digital assets. Featured image from Barron’s, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitnomial has become the first exchange to list CFTC regulator-approved spot cryptocurrency products, the agency announced.
The CFTC banned Polymarket from operating in the U.S. in 2022 for operating an unregistered derivatives exchange.
The move marks the first time spot crypto assets can trade on a federally regulated commodities venue, signaling the CFTC’s accelerating push to oversee retail digital-asset markets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Bernstein analysts also expect Coinbase to unveil its own prediction-markets platform at its Dec. 17 event.
The CFTC's Acting Chair, Caroline Pham, is seeking chief executives to bolster a newly formed CEO Innovation Council.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CFTC issued an amended order allowing Polymarket, a crypto-based prediction-market platform, to resume operations in the U.S.
President Donald Trump's pick to lead the CFTC, Michael Selig, advanced on Thursday as it heads to the full Senate for the next vote.
Crypto groups are calling on President Donald Trump to direct the Treasury Department and the IRS to issue long-overdue tax guidance.
President Donald Trump's pick to lead the CFTC, Michael Selig, faced questions from lawmakers on a range of issues.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Washington has long wrestled with who should police digital assets. The Digital Asset Market Clarity Act of 2025 passed the House this summer, but the Senate had not acted. Now, two Senate committees have released competing drafts, each promising regulatory order. These drafts create a new jurisdictional map poised to reshape everything from Bitcoin spot […]
The post SEC vs CFTC Rematch Booked Over Who Polices US Crypto—and Your Coins appeared first on CryptoSlate.
Trump’s CFTC pick will face senators just as crypto legislation starts moving through Congress again.
The U.S. government could soon reopen, allowing key federal agencies overseeing digital assets to resume normal operations.
The Senate Agriculture Committee has released its long-awaited draft legislation to regulate the cryptocurrency industry at large.
Spot crypto trading products involving margin, leverage, and financing could launch on regulated exchanges as soon as next month, according to the report.
Polymarket said it will serve as the clearinghouse for DraftKings, which recently acquired a contract market regulated by the CFTC.
Kalshi anchor partner Robinhood processed $2.5 billion in prediction-market volume in October — implying a $300 million annualized run rate.
The exchange founded by Cameron and Tyler Winklevoss has discussed unveiling products in this area as soon as possible, according to a report on Tuesday.
Polymarket’s U.S. comeback follows record trading volumes and growing competition in the prediction market sector.
The White House tapped Michael Selig to lead the CFTC as lawmakers move to cement the agency's authority over digital assets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Federal agencies are teeing up cryptocurrency regulatory milestones for the end of this year as lawmakers forge ahead with legislation.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Senators may be dragging their feet when it comes to passing crypto legislation, said TD Cowen in a note on Monday.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.