Binance US to Apply for CFTC DCM License Next Month, Plans to Launch Prediction Market

Odaily reports that Fox Business crypto journalist posted on platform X, stating that Binance US CEO Stevie_Satoshi said at the RareEvo Conference that Binance US plans to apply for a Designated Contract Market license from the CFTC next month, with the goal of offering prediction markets to customers. This move is part of the exchange's broader comeback strategy, which includes reducing trading fees and expanding beyond spot trading into products such as prediction markets and perpetual contracts.