TREE NEWS reports: Blockchain.com has applied for two licenses with the US Commodity Futures Trading Commission as it pursues entry into prediction markets, CNBC reported. The crypto company’s filing comes as courts weigh several cases involving prediction market platforms. No details on the specific license types or a timeline for the CFTC’s review were disclosed.
Blockchain.com Files for Two CFTC Licenses to Enter Prediction Markets
This filing signals that prediction markets are being treated as a serious regulatory frontier rather than a niche experiment, and a major crypto brand seeking CFTC approval adds institutional weight to that shift. The timing is notable: courts are still resolving foundational questions about how such platforms may operate, so licensing and litigation are advancing in parallel. What matters is whether the CFTC's review provides clarity that other crypto firms can rely on, or whether unresolved court cases keep the sector in a holding pattern. The absence of a stated timeline leaves that question open.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.