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Crypto.com Launches Entertainment Prediction Markets with CFTC Regulated US License
Crypto.com and Hollywood.com announced a partnership to launch entertainment-focused prediction markets. Event contracts will be offered by Crypto.com | Derivatives North America, a CFTC-registered exchange and clearinghouse, to Hollywood.com users. Crypto.com recently secured full CFTC derivatives licenses for its U.S. affiliate, allowing it to operate as a designated contract market and clearinghouse and offer regulated event contracts to U.S. retail participants. The latest partnership provides entertainment fans with a federally compliant way to access event contracts and make predictions about movies, shows, ... (full story)