Bitnomial receives CFTC approval to launch prediction market
Bitnomial has cleared a key regulatory step that allows it to launch prediction markets in the U.S. Summary The CFTC issued a no-action letter covering Bitnomial’s event-based contracts. Relief applies to narrow reporting and recordkeeping rules for certain swaps. The approval clears the way for regulated U.S. prediction markets on Bitnomial. Bitnomial has taken a…

