Binance.US, Blockchain.com Seek CFTC Approval for Prediction Markets
Photo: Coincu
Binance.US and Blockchain.com have each filed with the U.S. Commodity Futures Trading Commission seeking approval to offer prediction markets, according to reporting by CoinGape, marking a notable regulatory push by two of the industry’s largest crypto platforms to expand into a product category that sits squarely under federal derivatives oversight. The CFTC maintains oversight of designated contract markets , the federal category under which any U.S.-regulated prediction market or derivatives exchange must operate.
Source: Coincu
