🇺🇸🎯 THE UNITED STATES PUTS AN END TO THE OFFSHORE ERA OF THE CRYPTO ECONOMY 🎯🇺🇸
Historic turning point for digital markets: the CFTC (Commodity Futures Trading Commission) has just authorized for the first time in American history spot trading of Bitcoin and cryptocurrencies on regulated federal exchanges.
A decision that definitively closes fifteen years of regulatory uncertainty and the flight of investors to offshore platforms, often lacking protections and transparency.
The era of FTX and billion-dollar collapses seems finally archived.
Leading the revolution is interim chair Caroline Pham, who has invoked the authority already granted by the Commodity Exchange Act to impose that any form of retail trading with leverage occurs exclusively on federally regulated marketplaces.
No new law, no waiting for Congress — just immediate implementation.
The first exchange to go live will be Bitnomial, on December 9: it will offer leveraged spot trading, futures, perpetuals, options, and portfolio margining, all under federal supervision.
The structural effects are potentially extraordinary: cross margining between spot and derivatives could reduce capital requirements by 30-50%, breaking down a critical barrier to the entry of banks, pension funds, and sovereign wealth funds.
Pham's vision is clear: to make the United States the global capital of the crypto market.
The path is already charted: joint SEC–CFTC roadmap, presidential roadmap on stablecoins, and ongoing tests on blockchain settlement infrastructure.
From December, a new global financial architecture opens up, with institutional capital ready to return onshore.
