Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives
Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United States, per a report, joining a growing number of digital asset companies looking to capitalize on the booming market for event-based contracts. The cryptocurrency wallet and trading platform has applied for two licenses from the Commodity Futures Trading […]
Key Takeaways
- Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United States, per a report, joining a growing number of digital asset companies looking to capitalize on the booming market for event-based contracts.
- The cryptocurrency wallet and trading platform has applied for two licenses from the Commodity Futures Trading […]
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages
The derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi's as swaps that require the agency's oversight.
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions.
Stake Is Back Online in Brazil After Court Reprieve From Betting Ban
The Brazilian arm of crypto casino brand Stake has relaunched its local site after a federal judge in São Paulo shielded its license until Oct. 25, in what Stake said is a first for a licensed operator under Brazil’s betting ban. The government said it will…