CFTC issues no-action letter to Bitnomial, clearing way for event contracts
The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
Why this matters
CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
CFTC Chair Selig vows to take state fight over prediction markets to the Supreme Court
The Supreme Court battle could redefine federal vs. state regulatory power, impacting the future of prediction markets and federal...
Coinbase Says Prediction Markets Are Now a $200 Million-a-Year Business Despite a Slow Crypto Quarter
Coinbase’s prediction markets business is now bringing in more than $200 million a year on an annualized basis, while the number o...
Bank of England Opens Tokenized Collateral Door With 2027 Deadline for UK Clearing
Key Takeaways: The Bank of England is seeking input on tokenized collateral for central clearing. All tokenizable assets must be e...
Binance $6B hack fuels Washington debate on crypto regulation before election
The Binance hack intensifies the crypto regulation debate, potentially influencing legislative priorities and election outcomes in...
CFTC and US Lawmaker Offer Two Different Answers to Binance’s $6.3B Hack
A $6.3 billion crypto heist has handed Washington a fresh regulatory fight. One federal watchdog wants exchanges to volunteer for...
Prediction markets bring Robinhood $173 million as crypto revenue slumps
Robinhood's quarterly event revenue, Coinbase's annualized milestone and Gemini's smaller Q2 business show how uneven the diversif...