Regulation· ★★★· neutral·

Blockchain.com Files for CFTC Approval to Launch U.S. Derivatives Exchange and Broker

  • —Blockchain.com filed DCM and FCM applications with the CFTC on October 13
  • —Plans to combine futures, options and prediction markets in one app
  • —Clearing partner and initial contracts remain undisclosed
  • —Bullish Markets, Limitless Markets US and 365Prediction also have pending DCM applications
Why it matters: Approval would expand regulated access to crypto derivatives in the U.S. and intensify competition among exchanges and prediction markets.
Source: Crypto News Flash