Gemini has received approval from the CFTC to establish a prediction market, which may expand to crypto futures, options, and perpetual contracts in the future.

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According to Foresight News , Gemini has received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a Designated Contract Market (DCM), officially entering the prediction market field. Its new platform, Gemini Titan, will initially launch binary event contracts, allowing users to "bet on or not bet on future events." Titan is expected to further expand to other CFTC-regulated derivatives markets in the future, including crypto futures, options, and perpetual contracts.

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