Binance.US readies CFTC bid for DCM status to launch regulated prediction markets

Binance.US is preparing to seek regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC) to expand into prediction markets, moving beyond its existing crypto spot trading focus. Multiple reports say the exchange plans to apply for CFTC authorization related to prediction market trading in the coming weeks ^{[1] [2] [3] [4]}.

According to the reports, Binance.US is targeting CFTC “designated contract market” (DCM) status as part of a broader product expansion that could include regulated prediction markets and additional derivatives offerings. The filings, which are described as being planned for August, would be intended to strengthen Binance.US’s compliance posture while broadening its U.S. market offerings ^{[2] [3] [4]}.

Binance.US’s planned CFTC application centers on adding prediction markets under U.S. regulation, with reported applications expected in August as part of a wider expansion agenda ^{[2] [3] [4]}.