GEMINI WINS CFTC APPROVAL FOR PREDICTION MARKETS

Summary from the TLDR Crypto newsletter

Gemini just got CFTC approval to run a Designated Contract Market, clearing it to launch a fully regulated prediction market called Gemini Titan in the US. It will start with simple binary “yes/no” event contracts and could later expand into crypto futures, options, and perpetuals under the same regulatory umbrella. Gemini actually filed for this DCM license back in 2020, but only now is positioning it directly for the booming prediction-market vertical that Kalshi and Polymarket helped prove out.