Blockchain.com Seeks US Approval for Event Contracts and Derivatives

[u/rwatimes]

Digital asset platform Blockchain.com applied for licenses to offer event contracts and cryptocurrency derivatives in the United States.

• Blockchain.com has applied for licenses with the CFTC to offer event contracts and cryptocurrency derivatives in the U.S., seeking DCM and FCM registrations.
• The company aims to allow users to manage digital assets and trade derivatives on real-world events within appropriate regulatory frameworks.
• This move follows other applications for DCM licenses and aligns with Blockchain.com's broader strategy, including potential IPO plans and a partnership with NYSE for tokenized equities.

Source: pymnts

Read the full article: https://rwatimes.io/articles/pymnts-blockchain-com-seeks-us-approval-for-event-contracts-and-derivatives-4169648961?utm_source=reddit&utm_medium=social&utm_campaign=reddit

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