“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.”, — write: www.coindesk.com
The Chicago-based derivatives exchange’s self-certified rules became effective Friday, authorizing it to list both leveraged and non-leveraged spot crypto products. The approval opens the door for customers to buy, sell and finance digital assets directly on a federally regulated commodities exchange — a first in the US market.
Caroline Pham, the acting head of the CFTC, said in November that she was in talks with regulated exchanges over the potential launch of spot crypto products.
Bitnomial’s approval lands as the CFTC accelerates its effort to bring retail-facing crypto markets under federal commodities oversight. Pham has argued that the agency already has sufficient authority to supervise spot crypto commodities.
The CFTC and the Securities and Exchange Commission recently revealed that nothing in current law prevents exchanges registered with either regulator from listing certain crypto commodity products, including those with leverage, as long as they coordinate with agency staff.
The approval could pave the way for other exchanges that hold designated contract market (DCM) status, including Coinbase and prediction market venues like Kalshi and Polymarket.
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence’s Token Security API averaged 717 million monthly calls year-to-date in 2025, with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch, the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B, while derivatives volume peaked the same month at over $4B.
View Full Report
For now, Jack Mallers decided not to comment any further and JPMorgan declined to explain why it debanked the CEO of a company very similar to the newly launched JPM Coin.
- Jack Mallers, CEO of Strike, accused JPMorgan of closing his accounts without explanation, sparking a viral reaction in the crypto community.
- The closure has raised questions of anti-competitive motives, coinciding with JPMorgan’s launch of a similar payment token, JPMCoin.
- Both parties have remained largely silent. JPMC cites confidentiality rules under the Bank Secrecy Act as a reason for not disclosing details.
Read full story