Home Bitnomial Gets CFTC Clearance To Launch Prediction Markets

Bitnomial Gets CFTC Clearance To Launch Prediction Markets

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Bitnomial Gets CFTC Clearance To Launch Prediction Markets | 3verseTV
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Bitnomial has received a green light from the U.S. Commodity Futures Trading Commission to proceed with its prediction markets offering, following the issuance of a no-action letter by the regulator.

The approval allows Bitnomial to offer contracts referencing digital assets, economic indicators, and financial outcomes.

The contracts will trade on Bitnomial’s registered exchange and be cleared through Bitnomial Clearinghouse, LLC. The move follows similar regulatory permissions granted to platforms such as DraftKings and Gemini, highlighting growing acceptance of regulated prediction markets.

The approval comes after a busy regulatory period for Bitnomial, which recently became the first agency-regulated firm to offer leveraged spot crypto transactions.

While the letter is a non-binding, staff-level action, it marks another step toward broader regulatory clarity for crypto-linked derivatives in the U.S.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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