In brief
- Bitnomial will debut leveraged spot crypto trading in the U.S. next week.
- CFTC Chair Caroline Pham described the move as unprecedented.
- The agency began seeking feedback on the topic earlier this year.
A crypto exchange overseen by the U.S. Commodity Futures Trading Commission will begin offering spot crypto trading next week, according to Acting CFTC Chair Caroline Pham.
“For the first time ever, spot crypto can trade on CFTC-registered exchanges that have been the gold standard for nearly a hundred years, with the customer protections and market integrity that Americans deserve,” she said in a statement.
The exchange, dubbed Bitnomial, plans to let traders access cryptocurrency trading in its most common form alongside…
