Gemini Gains Key CFTC Approval to Expand Prediction Market, Perps Offerings
In brief Gemini received CFTC approval for a DCO license, allowing it to clear its own prediction market and derivatives trades. The move opens the door for Gemini to expand into complex products like perpetual futures. The approval comes as Gemini pivots toward prediction markets amid layoffs, lawsuits, and an ongoing regulatory battle. Crypto exchange…