Blockchain.com Files for CFTC Approval to Trade Crypto Derivatives
Blockchain.com is pursuing federal regulatory approval to offer prediction markets and crypto derivatives to U.S. customers.
Blockchain.com has formally applied to the U.S. Commodity Futures Trading Commission for designation and registration that would allow the platform to offer event contracts and cryptocurrency derivatives to American traders, marking a significant regulatory push by one of the crypto industry's largest exchanges.
The move signals Blockchain.com's ambition to expand its footprint in the United States at a time when regulators and lawmakers are actively working to clarify how digital asset markets should be governed. Gaining CFTC status would place the company alongside a small group of federally authorized venues permitted to offer derivatives products linked to crypto assets.
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Prediction markets — which allow participants to speculate on the outcome of real-world events — have attracted renewed regulatory scrutiny in recent months, with platforms like Kalshi and Polymarket testing the boundaries of what the CFTC will sanction. Blockchain.com's application signals it intends to compete directly in that emerging space alongside more traditional crypto derivatives offerings.
If approved, the designation would represent a landmark for Blockchain.com, which has long served retail and institutional clients globally but has faced limitations in offering complex financial products to U.S.-based users. The outcome of the application could also set a precedent for how other international crypto firms approach U.S. market entry under the CFTC's framework.
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