Bitnomial, Inc. is set to launch the first-ever CFTC-regulated leveraged retail spot crypto exchange in the United States, marking a pivotal moment for the digital asset market. The platform will operate under Bitnomial Exchange LLC and Bitnomial Clearinghouse LLC, combining spot trading, perpetuals, futures, and options into a single, unified exchange.
This integration promises capital efficiency by eliminating redundant margin requirements, offering net settlement, and providing portfolio margining across all product types. Both retail and institutional traders will benefit from equal access to liquidity and fair order treatment, with no preferential routing, ensuring a transparent and level playing field.
The exchange is made possible through the leadership of CFTC Acting Chairman Caroline Pham, whose pro-innovation approach has cleared the way for compliant retail crypto trading.
Her decision to allow retail commodity transactions through a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO) brings the exchange in line with the same regulatory framework used for futures and options markets in the United States.
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Bitnomial CEO Luke Hoersten emphasized that this development would bring capital efficiency and risk mitigation to both retail and institutional traders. The launch is scheduled for the week of December 8, 2025, positioning Bitnomial as a major player in the U.S.-regulated crypto market.
The news quickly sent excitement across the XRP community, especially since Bitnomial is popular within the community. Diana, a notable voice in the XRP army, highlighted that XRP will be among the first digital assets listed on Bitnomialโs new exchange.
The listing is set to allow XRP to be traded on the platformโs spot, futures, perpetuals, and options markets, all under full CFTC regulation. This move is a major step for XRP, as it transitions from being viewed simply as a crypto token to a fully regulated asset in U.S. markets.
The tweet highlights that XRP will now be approved as trading collateral, similar to other traditional assets like Treasuries or stablecoins. This regulatory upgrade not only strengthens the assetโs legitimacy but also provides new opportunities for both retail and institutional traders to use XRP as margin.
XRPโs listing on a CFTC-regulated exchange sets it apart from other digital assets and is expected to open new doors for institutional adoption. With XRP now a part of the regulated U.S. market infrastructure, its future in crypto trading looks brighter than ever.
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The post Big News: First Ever US CFTC-Regulated Spot Crypto Exchange Set to Launch, XRP to Get Major Listing? appeared first on 36Crypto.

Highlights: US prosecutors requested a 12-year prison sentence for Do Kwon after the Terra collapse. Terraformโs $40 billion downfall caused huge losses and sparked a long downturn in crypto markets. Do Kwon will face sentencing on December 11 and must give up $19 million in earnings. US prosecutors have asked a judge to give Do Kwon, Terraform Labs co-founder, a 12-year prison sentence for his role in the remarkable $40 billion collapse of the Terra and Luna tokens. The request also seeks to finalize taking away Kwonโs criminal earnings. The court filing came in New Yorkโs Southern District on Thursday. This is about four months after Kwon admitted guilt on two charges: wire fraud and conspiracy to defraud. Prosecutors said Kwon caused more losses than Samuel Bankman-Fried, Alexander Mashinsky, and Karl Sebastian Greenwood combined. U.S. prosecutors have asked a New York federal judge to sentence Terraform Labs co-founder Do Kwon to 12 years in prison, calling his role in the 2022 TerraUSD collapse a โcolossalโ fraud that triggered broader crypto-market failures, including the downfall of FTX. Sentencing isโฆ โ Wu Blockchain (@WuBlockchain) December 5, 2025 Terraform Collapse Shakes Crypto Market Authorities explained that Terraformโs collapse affected the entire crypto market. They said it helped trigger what is now called the โCrypto Winter.โ The filing stressed that Kwonโs conduct harmed many investors and the broader crypto world. On Thursday, prosecutors said Kwon must give up just over $19 million. They added that they will not ask for any additional restitution. They said: โThe cost and time associated with calculating each investor-victimโs loss, determining whether the victim has already been compensated through the pending bankruptcy, and then paying out a percentage of the victimโs losses, will delay payment and diminish the amount of money ultimately paid to victims.โ Authorities will sentence Do Kwon on December 11. They charged him in March 2023 with multiple crimes, including securities fraud, market manipulation, money laundering, and wire fraud. All connections are tied to his role at Terraform. After Terra fell in 2022, authorities lost track of Kwon until they arrested him in Montenegro on unrelated charges and sent him to the U.S. Do Kwonโs Legal Case and Sentencing In April last year, a jury ruled that both Terraform and Kwon committed civil fraud. They found the company and its co-founder misled investors about how the business operated and its finances. Jay Clayton, U.S. Attorney for the Southern District of New York, submitted the sentencing request in November. TERRA STATEMENT: โWe are very disappointed with the verdict, which we do not believe is supported by the evidence. We continue to maintain that the SEC does not have the legal authority to bring this case at all, and we are carefully weighing our options and next steps.โ โ Zack Guzmรกn (@zGuz) April 5, 2024 The news of Kwonโs sentencing caused Terraformโs token, LUNA, to jump over 40% in one day, from $0.07 to $0.10. Still, this rise remains small compared to its all-time high of more than $19, which the ecosystem reached before collapsing in May 2022. In a November court filing, Do Kwonโs lawyers asked for a maximum five-year sentence. They argued for a shorter term partly because he could face up to 40 years in prison in South Korea, where prosecutors are also pursuing a case against him. The legal team added that even if Kwon serves time in the U.S., he would not be released freely. He would be moved from prison to an immigration detention center and then sent to Seoul to face pretrial detention for his South Korea charges. eToro Platform Best Crypto Exchange Over 90 top cryptos to trade Regulated by top-tier entities User-friendly trading app 30+ million users 9.9 Visit eToro eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Donโt invest unless youโre prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

