🇺🇸📊 According to Forbes, UK betting exchange Smarkets, the second-largest in the country, has applied to the U.S. Commodity Futures #Trading Commission (CFTC) for Designated Contract Market (DCM) and Designated Clearing Organization (DCO) licenses to enter the U.S. #prediction market sector. Founded in 2008, Smarkets has processed about $50 billion in lifetime #trading volume and around $3 billion annually, and is currently profitable. If approved, Smarkets aims to #launch in the U.S. by the end of 2026. #regulation


Free Academy & VIP Access
#crypto
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin