Binance.US CEO Announces Plans for Prediction Markets
Binance.US CEO Stephen Gregory revealed bold plans at the Rare Evo conference to apply for a CFTC DCM license in August, targeting regulated event contracts as a key expansion move.
Binance.US CEO Stephen Gregory revealed bold plans at the Rare Evo conference to apply for a CFTC DCM license in August, targeting regulated event contracts as a key expansion move.
Public comments on the CFTC’s proposed event-contract rules expose a fierce split: prediction-market operators push for federal clarity on sports contracts while states, leagues, and a Dodd-Frank architect demand withdrawal.
In a July 27 letter the NFL pressed the CFTC for tougher sports event contract rules, seeking bans on manipulable and injury-linked markets to protect game integrity and traders.
Fanatics takes full control of its prediction market infrastructure by acquiring a CFTC-regulated exchange and clearinghouse from BGC Group, unlocking faster event contract listings and combined data products for traders.
LeBron James’s surprise signing with the 76ers sent NBA title odds soaring overnight. Traders raced to reprice contracts, vaulting the team into third place behind the Thunder and Spurs.
Robinhood advances high-stakes talks with Crypto.com to integrate yes-or-no event contracts into its app, intensifying rivalry with Kalshi as volumes surge and Bernstein forecasts $1.7 billion in revenue by 2028.
The CFTC’s Division of Market Oversight issued its second 2026 warning against broad template-style self-certifications for event contracts, demanding detailed terms and analysis for every variation or risk delayed listings.
Netflix premieres Instadocs: The Prediction Games today, featuring interviews with Polymarket and Kalshi CEOs plus the CFTC chair, even as Kalshi demands the trailer’s removal over alleged misleading trade footage.
Hedgeye Asset Management files for HDEM and HREP ETFs, offering continuous exposure to Democratic and Republican electoral performance through event contracts and derivatives ahead of the midterms.
Industry silence ahead of the September 30 MiCA deadline risks locking DLT-based prediction markets into restrictive MiFID II rules, potentially ending broad European retail access for years to come.