Binance.US plans to apply next month to the U.S. Commodity Futures Trading Commission for a Designated Contract Market, or DCM, license, according to a post on X from a Fox Business crypto reporter. The comment was attributed to Binance.US CEO Stevie_Satoshi, who spoke on site at the RareEvo Conference.
The stated goal is to launch prediction markets for customers. The move was described as part of a broader return strategy at the exchange rather than a standalone product push. That strategy, as outlined in the post, centers on cutting trading fees while also widening the platform’s product lineup beyond spot trading.
In addition to prediction markets, the exchange is looking at products such as perpetual contracts. No filing date beyond "next month" was provided in the source material, and no other application details were disclosed in the report.
Binance.US plans to apply next month to the U.S. Commodity Futures Trading Commission (CFTC) for a Designated Contract Market (DCM) license, according to a Fox Business crypto reporter who posted the update on X.
The reporter said Binance.US CEO Stevie_Satoshi made the remark on site at the RareEvo Conference. The exchange’s aim is to offer prediction markets to customers.
The plan was described as part of a broader return strategy for Binance.US. That strategy includes lowering trading fees and expanding beyond spot trading through products such as prediction markets and perpetual contracts.
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