GEMINI receives major approval from CFTC! The prediction market is just the beginning, are futures, options, and perpetual contracts about to enter? 🚀

Gemini has just received approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate a prediction market. But this is just the first step, reports suggest they may soon expand their business to cryptocurrency futures, options, and perpetual contracts. This means that this established exchange, led by the Winklevoss brothers, is preparing to compete head-to-head with giants like CME and Binance in the derivatives market.

For traders, more compliant and U.S.-regulated derivatives platforms mean more choices and better liquidity. This also indicates that despite regulatory pressure, U.S. institutions are steadily advancing the compliance of crypto products, which is a strong long-term construction signal.

💡 Key Insight: This is not just a victory for Gemini, but a crucial step for the entire industry towards mainstream and complex financial products. More regulated derivatives options = a more mature market structure. Get ready for more intense competition and a richer product offering!

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