Binance.US plans to submit an application for a designated contract market license from the Commodity Futures Trading Commission in August. This move is aimed at launching a prediction market platform. The company's CEO, Stephen Gregory, made this announcement at a recent conference without providing further details on the project's timeline or specifics. Binance.US has been expanding its services and operations in the US regulatory environment.
Source
"Binance.US Plans CFTC License Application" — The Block
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.
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