Gemini Approved by CFTC to Launch Prediction Market, Eyes Expansion into Crypto Derivatives

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As reported by HashNews, Gemini Space Station, Inc. (GEMI) has received approval from the Commodity Futures Trading Commission (CFTC) to operate as a designated contract market (DCM). The exchange announced its prediction platform, 'Gemini Titan,' will initially offer binary event contracts with 'yes or no' questions on future events. The platform may later expand into CFTC-regulated derivatives markets, including crypto futures, options, and perpetual contracts.

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