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Binance.US files CFTC application for prediction market services
- Binance.US files CFTC application for prediction market services — Binance.US has filed with the CFTC for a Designated Contract Market designation to offer prediction-market services in the United States, joining other crypto firms seeking regulated event contracts. Monthly volume on Kalshi and Polymarket climbed from 17 billion dollars in January to 72 billion dollars in September, and the CFTC has not posted a public decision timeline for the application. (PolyPunter)
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