Binance.us Aims to Enter Prediction Markets With CFTC Approval

WHO:

Cointelegraph - The CEO of Binance.US is involved in the announcement regarding the company's plans.

Bloomberg Markets - The CEO of Binance.US made the statement at a conference.

WHAT:

Bloomberg Markets - Kalshi and Polymarket are currently offering perpetual futures trading with CFTC approval.

Bloomberg Markets - CME Group is launching single-stock futures for more than 50 of the largest US companies, allowing investors to hedge or speculate.

Bloomberg Markets - The new contracts from CME Group will be cash-settled based on the closing price of the stocks they are tied to.

Cointelegraph - Binance.US plans to apply for a license with the CFTC to offer prediction markets.

Bloomberg Markets - The company aims to start its own prediction market with the CFTC's approval.

WHEN:

Cointelegraph - Binance.US intends to apply for the CFTC license in August.

HOW:

Cointelegraph - The application process involves seeking a license from the Commodity Futures Trading Commission (CFTC).

(UPDATED July 30, 2026 00:18 UTC)

Kalshi and Polymarket have received CFTC approval to offer perpetual futures trading, marking a significant development in the trading landscape. Meanwhile, CME Group is set to launch single-stock futures for over 50 of the largest US companies, providing investors with new opportunities to hedge or speculate. These new contracts from CME Group will be cash-settled based on the closing prices of the stocks they are linked to.

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(UPDATED July 29, 2026 23:20 UTC)

The CEO of Binance.US announced plans for the company to apply for a license with the Commodity Futures Trading Commission, or CFTC, to launch its own prediction market. This application is set to be submitted in August, pending the necessary approval from the CFTC. The statement was made during a conference, highlighting the company's strategic move into the prediction market space.