Binance.US to Apply for CFTC License in August, Targeting US Prediction Markets
Steve Gregory, July 30 -- Binance.US spent 2025 fighting the Securities and Exchange Commission. It is now betting its next growth phase on a different federal regulator - the Commodity Futures Trading Commission.
letting participants take positions on outcomes from election results to commodity prices - rather than through the offshore structures that have defined the sector's growth.
The move positions Binance.US as a direct competitor to Kalshi and Polymarket. Kalshi operates under an existing CFTC DCM license and processed over $3 billion in contract volume during the 2024 US election cycle. Polymarket operates offshore from a US regulatory standpoint but has attracted substantial American trading activity. A licensed Binance.US ent...
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