Binance.US Wants to Join Prediction Markets Race With CFTC Stamp

Binance.US intends to apply for a license from the Commodity Futures Trading Commission next month. According to the company's chief executive officer, this move is designed to facilitate the launch of its own prediction market. This strategic expansion involves entering the prediction markets and derivatives sector. The application for the CFTC designated contract market license marks a significant step for the platform as it seeks to compete within the growing prediction market race.