Gemini received CFTC approval to establish a prediction market, which may be expanded to crypto futures, options and perpetual contracts in the future

According to Foresight News, Gemini has been approved by the U.S. Commodity Futures Trading Commission (CFTC) to operate as a "Designated Contract Market (DCM)" and officially entered the prediction market field. Its new platform Gemini Titan will first launch binary event contracts, which are "yes/no bets on future events." In the future, Titan is expected to further expand into other derivatives markets regulated by the CFTC, including crypto futures, options and perpetual contracts.
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