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Binance US seeks CFTC approval for prediction markets as Blockchain.com applies for exchange and broker licenses, CoinDesk reports
- Binance US seeks CFTC approval for prediction markets as Blockchain.com applies for exchange and broker licenses, CoinDesk reports — Binance US and Blockchain.com have applied to the CFTC to offer regulated prediction markets to US customers, with Blockchain.com seeking a Designated Contract Market license and a Futures Commission Merchant license. CoinDesk, citing the Financial Times, said Binance US is separately seeking up to 100 million dollars at a valuation near 1 billion dollars, and neither application amounts to authorization to launch. (CoinDesk)
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