Blockchain.com, Binance US Join Prediction Market Race as Crypto Trading Slows

Blockchain.com, Binance US join prediction market race as crypto trading slows

Binance US and Blockchain.com are the latest contenders looking to enter the U.S. prediction market industry and has reportedly applied for regulatory approval to offer event contracts. According to a Financial Times report citing a person familiar with the matter,…

Binance.US, Blockchain.com Seek CFTC Approval for Prediction Markets

The filings, as reported by CoinGape , are requests for regulatory approval, not confirmations that either platform has received authorization or launched prediction market products. Both Binance.Read more...

Blockchain.com and Binance US Seek US Approval to Enter Prediction Markets

Blockchain.com and Binance US are seeking U.S. regulatory approval to offer prediction markets, joining a growing group of cryptocurrency companies looking to expand beyond traditional digital asset trading. According to a Financial Times report published on October 21, Binance US recently applied to the U.S. Commodity Futures Trading Commission (CFTC)

Binance US Pursues Prediction Markets Amid Growing Legal Battles

TLDR Binance US has reportedly applied for CFTC approval to enter the US prediction market sector. Blockchain.com seeks two CFTC licenses covering regulated derivatives trading and brokerage services. Kalshi and Polymarket trading volumes reportedly climbed from $17 billion in January to $72...

Crypto exchanges target prediction markets as token trading declines

Crypto exchanges are accelerating their expansion into prediction markets as falling digital asset prices and declining trading volumes push platforms to diversify their revenue streams, according to a report by the Financial Times.Blockchain.com last week applied for a US licence to offer regulated prediction markets, while Binance US has also recently sought regulatory approval, joining Coinbase, Crypto.com and Gemini in targeting the rapidly …