According to Decrypt, Blockchain.com has filed applications for designated contract market and futures commission merchant licenses with relevant U.S. regulators. The filings aim to enable the platform to operate its own regulated event-contract venue within the United States, eliminating reliance on overseas partners for these services.
The requested licenses would permit Blockchain.com to offer prediction markets and crypto derivatives under applicable regulatory frameworks. Under this approach, the platform intends to manage and oversee these products domestically rather than through third parties based outside U.S. jurisdiction.
The move reflects a strategic shift toward greater regulatory compliance for certain offerings previously dependent on external providers. The company seeks authorization to conduct activities that fall within the scope of designated contract market provisions, allowing it to host and facilitate prediction-based contracts subject to oversight.
No details were provided regarding timing, scope beyond event-contract venues, or specific regulatory bodies involved. The filings do not include projections, user numbers, or operational timelines. Blockchain.com did not comment publicly on the applications at the time of reporting.
