Binance.US to File CFTC License Application for Prediction Markets — Exchange Aims to Challenge Kalshi and Polymarket
Binance’s US arm plans to file for a Designated Contract Market license with the CFTC to launch a regulated event contract platform. Binance.US CEO Stephen Gregory announced the company’s intention to launch its own prediction market at the Rare Evo conference.
A DCM license would allow Binance.US to offer clients event contracts–binary yes/no futures. Hot topic: Bitcoin Treasury Hyperscale Sells 9% of Its BTC Despite Indefinite Hold Pledge According to Gregory, the application will be filed in August 2026.
It’s part of a broader strategy to revive the exchange, including fee reductions, market share growth, and market maker recruitment.
🚨SCOOP: @BinanceUS plans to apply to the @CFTC for a Designated Contract Market (DCM) next month with the goal of offering prediction markets to customers, CEO @Stevie_Satoshi just told me on stage at @RareEvo Conference.The move is part of the exchange’s broader comeback…— Eleanor Terrett (@EleanorTerrett) July 29, 2026 How Binance.US Plans to Enter the Prediction Market: DCM License and Revival Plans A DCM license grants the right to trade futures, options, and event contracts under federal regulation.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.