Binance US Targets CFTC Approval to Launch Prediction Markets

Binance US is preparing to expand beyond cryptocurrency trading by pursuing regulatory approval to enter the fast-growing prediction markets sector. The exchange plans to apply for a Designated Contract Market (DCM) license with the U.S. Commodity Futures Trading Commission (CFTC), marking a significant step in its strategy to diversify services and strengthen its presence in the U.S. market. According to journalist Eleanor Terrett, Binance US CEO Steve Gregory confirmed the company intends to submit its CFTC application next month. Gregory shared the update during the Rare Evo blockchain…  Read more

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