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Blockchain Reporter

Binance US Plans CFTC Application for Prediction Markets as Part of Broader Comeback Strategy

The quiet period for Binance US might not last much longer. According to a recent disclosure by crypto journalist Eleanor Terrett, reported in the original report, the exchange is preparing to file an application with the Commodity Futures Trading Commission as early as August.

The goal is to secure designated contract market status, a license that would allow Binance US to legally offer prediction markets to its customers. The move is more than a single product launch.

It signals a broader comeback strategy after a torrid stretch that reshaped the exchange’s US footprint. Binance US has spent years fighting allegations, dealing with operational constraints, and watching trading volumes erode.

Now the company is looking to rebuild around a leaner fee model and an expanded product suite that includes not just spot trading but also prediction markets and perpetual contracts.

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