Binance.US Targets Prediction Markets With CFTC License Bid
Binance.US is preparing to apply for a Commodity Futures Trading Commission (CFTC) license that would allow the cryptocurrency exchange to enter the U.S. prediction market sector with regulated event contracts. The company’s Chief Executive Officer Stephen Gregory reportedly confirmed the planned application during the Rare Evo Blockchain AI Conference in Las Vegas. The exchange intends to seek a Designated Contract Market (DCM) license in August, a regulatory approval required for operating a derivatives exchange in the United States. A successful application would […] The post Binance.US Targets Prediction Markets With CFTC License Bid appeared first on World Casino News.
Binance.US is preparing to apply for a Commodity Futures Trading Commission (CFTC) license that would allow the cryptocurrency exchange to enter the U.S. prediction market sector with regulated event contracts. The company’s Chief Executive Officer Stephen Gregory reportedly confirmed the planned application during the Rare Evo Blockchain AI Conference in Las Vegas. The exchange intends to seek a Designated Contract Market (DCM) license in August, a regulatory approval required for operating a derivatives exchange in the United States. A successful application would […]
The post Binance.US Targets Prediction Markets With CFTC License Bid appeared first on World Casino News.
