2026-05-06 21:53:11
A major exchange launched spot margin trading in the US under CFTC regulation, with leverage up to 10x
According to The Block, a major exchange rolled out CFTC-regulated crypto spot margin trading for U.S. retail users on Wednesday, allowing users to use crypto assets as collateral to obtain up to 10x leverage without directly selling their assets.
The launch follows its parent company Payward’s completion of its acquisition of Bitnomial on Monday. Bitnomial is a Chicago-based derivatives exchange that holds CFTC-issued merchant, contract, and clearing licenses. Payward said the acquisition will ultimately enable it to offer regulated spot margin, perpetual futures, and options products to U.S. users.