CFTC approves derivatives exchange full collateralized swap contract clearing qualification

【Chain Wen】 Derivatives exchange Bitnomial receives approval from the U.S. Commodity Futures Trading Commission( CFTC), obtaining full collateralized swap contract clearing qualification. This means the platform can officially operate prediction market services.

Currently, the business focuses on two areas: cryptocurrency price prediction and economic event prediction. On the platform side, Bitnomial Clearinghouse’s clearing capabilities have also been approved to provide more categories of clearing support for partner prediction markets. This not only expands the service scope of prediction markets but also opens a liquidity channel between U.S. dollars and crypto assets for market participants.

For the derivatives industry, this is a significant regulatory breakthrough. The qualification for full collateralized swap clearing means more transparent and controllable trading, with risk management standards also elevated. As prediction markets are increasingly used in global finance, this CFTC approval lays a foundation for the regulated development of the U.S. market.