News digest
Blockchain.com pursues CFTC approval for prediction markets: CNBC
· By MyCryptoSignal Editorial · 77 words
Cointelegraph reports that Blockchain.com has applied for two licenses with the US commodities regulatory body, specifically seeking approval from the Commodity Futures Trading Commission (CFTC). This application comes as the courts are currently weighing cases related to prediction markets, providing context for the company's move. The pursuit of CFTC approval may have implications for the broader crypto market, particularly in regards to the regulation of prediction markets.
Read the full story at Cointelegraph: https://cointelegraph.com/news/blockchain-cftc-approval-derivatives-prediction-markets
Data, not advice.
Source: Cointelegraph — see our editorial policy.
Not financial advice. MyCryptoSignal provides informational data only. Signals and market briefs are NOT financial advice. Trading cryptocurrencies carries significant risk. Always do your own research and consult with qualified financial advisors before making investment decisions. Past performance does not guarantee future results.