Gemini Wins CFTC Approval for US Prediction Markets
Gemini CFTC Approval
Gemini's affiliate, Gemini Titan, has received approval from the Commodity Futures Commission (CFTC) to operate as a Designated Contract . This authorization enables Gemini to offer regulated prediction markets in the United States, marking a significant milestone for the cryptocurrency exchange. The approval positions Gemini as the first crypto exchange to receive such clearance from the CFTC, potentially opening new revenue streams and expanding its service offerings. This development comes as cryptocurrency exchanges continue to seek regulatory compliance and legitimacy in the evolving digital asset landscape.
Which crypto exchange received CFTC approval?
Gemini, through its affiliate Gemini Titan, received CFTC approval.
What type of markets can Gemini now operate?
Gemini can now operate regulated prediction markets in the United States.
What regulatory body granted this approval?
The Commodity Futures Trading Commission (CFTC) granted the approval to Gemini.
Location: Raipur - C.G.
Category: Crypto
