Regulation· ★★★· bullish·

Binance US files with CFTC to launch prediction market

  • —Binance US filed with the CFTC to offer prediction market services
  • —Blockchain.com submitted an identical application last week
  • —Kalshi and Polymarket volume grew from $17B to $72B in nine months
  • —Spot crypto trading volume fell 18% over the same period
Why it matters: Crypto exchanges are diversifying into prediction markets as spot trading volumes weaken, making the sector a key growth area.
Source: Bloomingbit