Binance.US to apply for CFTC license in August for prediction market platform

The Block·

Binance.US to apply for CFTC license in August for prediction market platform

60-second summary

Binance.US is set to apply for a designated contract market license from the CFTC in August, as announced by CEO Stephen Gregory. This move marks a significant step towards launching a prediction market platform, allowing users to trade on various outcomes.

Binance.US CEO Stephen Gregory said at a recent conference that the company will apply for a designated contract market license in August.