The United States has launched its first fully regulated spot crypto market, with the Commodity Futures Trading Commission (CFTC) now overseeing spot crypto transactions. This marks a significant regulatory shift, allowing spot crypto products to be traded on federally regulated markets for the first time. Commissioner Caroline D. Pham described the move as a 'historic milestone' aimed at enhancing investor protection. Bitnomial, a CFTC-registered futures exchange, is set to become the first major player to offer leveraged spot trading under this new framework, starting next week. This development opens the door for institutional investors to access spot markets through approved structures, a move that could position the US as a leading hub in the global crypto ecosystem.