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Blockchain.com Files for CFTC Licenses to Launch US Prediction Markets and Crypto Derivatives

Blockchain.com says it has filed for two CFTC registrations that, if approved, would open the door to regulated prediction markets and crypto derivatives in the US.
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Bonus TL;DR

  • Blockchain.com announced it has formally applied for FCM and DCM licenses with the Commodity Futures Trading Commission, seeking regulatory approval to offer futures, options, and prediction market contracts directly to U.S. retail and institutional customers.
  • If approved, the move would allow the crypto platform to integrate real-world event trading directly into its core app natively under U.S. regulatory frameworks, rather than relying on offshore workarounds or third-party integrations.

Blockchain.com said Oct. 13 that it has filed applications with the U.S. Commodity Futures Trading Commission for two licenses that could let it offer regulated prediction markets and crypto derivatives in the United States.

The company said it applied to register as a Futures Commission Merchant (FCM) and a Designated Contract Market (DCM). If approved, those registrations would allow Blockchain.com to offer products including futures, options, and prediction market contracts to both U.S. retail and institutional customers.

The filing matters because it would give Blockchain.com a route into the U.S. prediction market space under CFTC oversight, rather than through an offshore or unregulated structure. The company said its goal is to bring crypto trading and prediction markets together in a single app.

What Blockchain.com says the licenses would allow

In announcing the applications, Blockchain.com said the registrations would support access to a broader set of regulated markets in the U.S. The company did not say when any products would launch, and approval from the CFTC is still pending.

Executive Chairman, CEO, and co-founder Peter Smith said the company wants users to manage digital assets, trade derivatives, and take positions on real-world events without switching platforms.

> “Users should be able to manage their digital assets, trade derivatives, and take positions on real-world events easily, without jumping between different apps,” Smith said.

Smith also said the DCM and FCM applications are meant to build that model in the U.S. “through the appropriate regulatory frameworks.”

What remains unclear in the US rollout

Blockchain.com did not identify which prediction market contracts it would seek to offer in the U.S. if approved. It also did not name any exchange partners, clearing arrangements, or a launch timeline.

The company said it has already offered self-custodied prediction market products and perpetual futures trading in eligible markets outside the U.S. It also pointed to recent regulatory approvals and registrations elsewhere, including MiCA authorization through the Malta Financial Services Authority, FCA registration in the UK, and a Virtual Asset Service Provider license in the Cayman Islands.

According to the company, it has supported more than 95 million wallets, 44 million confirmed accounts, and over $1.1 trillion in crypto transactions since 2011.

For now, the next step is the CFTC review process. Until the agency acts on the applications, Blockchain.com’s U.S. prediction market and regulated crypto derivatives plans remain prospective rather than operational.

Source: As reported by prnewswire.com.

About the Author
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Joe Boozell is a Content Editor at Bonus.com. He specializes in online casino and sportsbook bonus strategy, sweepstakes casinos, and U.S. gambling legislation, with a focus on evaluating real player value. Over the past decade, he has managed and produced iGaming content across national and state-level brands, including PlayUSA and several regional Play markets. He also spent five years as a Lead Writer for NCAA.com covering college basketball. Find more of Joe’s work at Bonus.com and across the Play network of gambling sites.

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