Bitnomial wins U.S. regulator's nod on prediction markets push, joins growing crowd
U.S. derivatives platform and clearinghouse is focusing on prediction contracts targeted at digital assets movements and economic indicators.

What to know:
- The U.S. Commodity Futures Trading Commission issued an approval letter for Bitnomial's prediction-market plans, which will focus on crypto and economic contracts.
- This latest no-action letter from the derivatives regulator puts U.S. exchange Bitnomial into an increasingly crowded field of recent approvals for prediction markets.
Bitnomial can forge ahead with a prediction-markets service to U.S. customers after an approval issued on Thursday by the Commodity Futures Trading Commission.
The U.S. derivatives regulator posted a "no-action letter" that means the exchange is safe to proceed with its new offering — a prediction market with contracts focusing on how cryptocurrencies and the economy will fare. The letter specified that the swap contract will be “referencing digital assets, economic indicators and financial outcomes.”
The OK from the CFTC follows recent blessings for other prediction market ventures from DraftKings and Gemini. Polymarket, PredictIt and LedgerX also received no-action letters from the agency last month on their prediction market operations.
Bitnomial's transaction on its registered exchange will be cleared through Bitnomial Clearinghouse, LLC.
"Participants will gain exposure to outcomes ranging from token price movements to macroeconomic indicators, with full integration across Bitnomial's product suite enabling traders to more specifically offset risk," the company had said in a release announcing the new business last month.
Bitnomial had a busy December with the CFTC, having become — under the close guidance of former Acting Chairman Caroline Pham — the first agency-regulated firm to offer leveraged spot crypto transactions. That was one of the hallmark crypto initiatives pushed by Pham before she turned the CFTC over to newly confirmed Chairman Mike Selig.
Thursday's approval is now under Selig's tenure, though the letter is a non-binding, staff-level approval of Bitnomial's new business.
More For You
KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Ukraine banned Polymarket and there’s no legal way for it to come back

Polymarket and similar platforms are considered unlicensed gambling operators, leading to blocked access.
What to know:
- Ukraine has no legal framework for Web3 prediction markets, and current legislation provides no recognition for such platforms.
- Polymarket and similar platforms are considered unlicensed gambling operators, leading to blocked access.
- Legal changes are unlikely in the near future, as Parliamentary revisions to gambling definitions are extremely improbable during wartime, leaving prediction markets in a legal deadlock.











