CFTC’s New Rules: Opportunities and Challenges for Crypto Startups
The CFTC just approved Polymarket and Gemini, and it seems like the crypto trading landscape is about to get a shake-up. With these platforms getting a green light, there’s a chance more people will start taking notice of crypto – but that comes with its own set of challenges. The question is, can smaller players keep up?
The Case of Polymarket and Gemini: A Lesson in Crypto Compliance
The CFTC’s nod to Polymarket and Gemini for U.S. prediction markets is a big deal. These approvals mean they can finally operate legally in the U.S. Polymarket, known for its unique trading solutions, is now allowed U.S. access through CFTC-registered futures commission merchants. And let’s not forget Gemini, which got a Designated Contract Market…
