The U.S. Commodity Futures Trading Commission (CFTC) has issued a no-action letter to Bitnomial, marking a significant milestone for the crypto derivatives market. This regulatory green light enables the platform to offer event contracts and prediction markets without facing enforcement action from the CFTC.



The no-action letter represents a crucial step in legitimizing prediction market products within the regulated framework. By clearing Bitnomial to operate these innovative trading instruments, the CFTC is effectively signaling its openness to structured financial products in the crypto space—provided they comply with existing regulatory standards.

This development could set a precedent for other exchanges exploring similar offerings, reshaping how crypto traders engage with speculative and hedging opportunities in the derivatives market.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
All-InQueenvip
· 22h ago
Oh finally, the CFTC has loosened up this time. Basically, traditional finance is starting to take us seriously, and we no longer have to hide when it comes to the prediction market. Bitnomial is taking the lead, and there will definitely be a lot of followers. Looking good. But don’t celebrate too early; we all understand the cost of compliance, and the degree of freedom will definitely be limited. This move is quite interesting; regulatory friendliness also means that the power is in their hands. Let’s wait and see how things develop next; it feels like the derivatives market is about to be reshuffled again.
View OriginalReply0
TokenomicsDetectivevip
· 22h ago
NGL, is regulation really opening up now? Is the prediction market about to take off?
View OriginalReply0
LightningWalletvip
· 23h ago
Wow, has the CFTC finally woken up? Bitnomial's luck this time is truly amazing.
View OriginalReply0
SatoshiLeftOnReadvip
· 23h ago
Wow, the CFTC finally stopped pretending and directly issued a no-action letter to Bitnomial? The prediction market is about to take off, right?
View OriginalReply0
DataOnlookervip
· 23h ago
bitnomial really made a profit this time; the CFTC loosening up is like giving the entire industry a green light.
View OriginalReply0
BrokenYieldvip
· 23h ago
nah, just another regulatory theater move... bitnomial gets the green light and suddenly everyone thinks systemic risk just disappeared lol. no-action letters aren't blanket protection tbh, one leverage crisis and we're back to square one watching correlations collapse across the board
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)