Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives

Crypto Insight Summary: Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United States, per a report, joining a growing number of digital asset companies looking to capitalize on the booming market for event-based contracts.   The cryptocurrency wallet and trading platform has applied for two licenses from the Commodity Futures Trading […] Crypto Insight Analysis: Direction: Bullish Blockchain.com Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory approval for derivatives could expand market access and liquidity.