Overview
- Bitnomial’s self-certified rule set became effective Friday under CFTC Section 40.6(a), clearing the way to list spot crypto on a designated contract market.
- The framework permits retail spot trading with or without leverage, with margin-based products allowed under CEA Section 2(c)(2)(D).
- Activation of the rules enables Bitnomial to launch once internal systems are ready, and neither the CFTC nor CEO Luke Hoersten has provided timing details.
- A recent CFTC–SEC statement said current law allows certain spot crypto listings by exchanges registered with either regulator, subject to coordination with staff.
- The approval could open a pathway for other DCMs to pursue similar offerings as Congress debates a market-structure bill that could redefine spot oversight.