Gemini Receives CFTC License for US Prediction Markets

TheNewsCrypto2025-12-11 tarihinde yayınlandı2025-12-11 tarihinde güncellendi

Özet

Gemini, a cryptocurrency exchange, has received a license from the U.S. Commodity Futures Trading Commission (CFTC) for its affiliate, Gemini Titan, to operate a designated contract market. This approval, which concludes a regulatory process initiated in March 2020, allows Gemini to offer event-based prediction markets in the U.S., enabling users to speculate on outcomes in areas like sports and politics. Following the announcement, Gemini's share price surged nearly 14% in after-hours trading. The company views this as a key step in its strategy to build a comprehensive crypto super app and expand its derivatives offerings. Despite the sector's growth and investor confidence, evidenced by platforms like Kalshi securing significant funding, prediction markets face regulatory challenges from some states that view them as unauthorized gambling operations.

Gemini,‍‌‍‍‌‍‌‍‍‌ a cryptocurrency exchange, got the green light from the regulator to introduce prediction markets in the U.S. This is a notable development in the company’s business operations. The Gemini Titan, an affiliate of the company, was granted a license for a designated contract market by the Commodity Futures Trading Commission, which makes it possible for the company to provide the clients with the trading of event-based contracts. After the news was made public, the price of Gemini’s shares went up by almost 14% in the after-hours trading and reached $12.92 per share, while the market was not doing well ‍‌‍‍‌‍‌‍‍‌earlier.

Five-Year Journey Culminates in Market Entry

The‍‌‍‍‌‍‌‍‍‌ approval of the license marks the end of a detailed regulative procedure which, as per Gemini CEO Tyler Winklevoss, had started in March 2020. American users will be able to purchase event contracts via Gemini’s online platform, thus they will be able to speculate on various outcomes such as sports and political events. Besides that, the exchange is willing to expand its derivatives portfolio by adding crypto futures, options, and perpetual contracts for U.S. traders.

Gemini President Cameron Winklevoss was upbeat about the industry’s potential, indicating that prediction markets might become as large, or even larger, than traditional capital markets. The optimistic outlook of the sector comes as a result of platforms like Polymarket and Kalshi experiencing record-breaking trading volumes in November, thus indicating the increasing consumer interest in event-based wagering.

Kalshi recently secured a massive $1 billion funding round, thus reaching an $11 billion valuation and thereby demonstrating investor confidence in the prediction market sector. ‍‌‍‍‌‍‌‍‍‌

Regardless,‍‌‍‍‌‍‌‍‍‌ the sector encounters some problems related to regulations as several state authorities have escalated enforcement actions against CFTC-regulated platforms that are accused of running unauthorized sports betting operations. Those opposing the idea say that these platforms are just gambling services, and this raises questions regarding the protection of consumers and regulatory supervision of the new market segment.

The Gemini prediction markets proposal is to be seen as part the overall strategy of the company to build a comprehensive crypto super app with various financial products. The crypto company founded by billionaire twins Tyler and Cameron Winklevoss, the firm is a potential competitor to other crypto platforms which are gradually becoming more than just trading services. Recently, Trust Wallet unveiled its prediction markets feature, and Coinbase seems to be working on a similar platform in collaboration with ‍‌‍‍‌‍‌‍‍‌Kalshi.

Highlighted Crypto News Today:

Real Finance Secures $29M to Accelerate Global RWA Tokenization

İlgili Okumalar

Google's 2026 Roadmap is Hidden in This Keynote Speech

Google I/O 2026 was not merely a product launch, but a strategic unveiling of the company's decade-long roadmap. The core signal is that Google is evolving its AI, Gemini, from a feature within products into a foundational operating layer that integrates and reshapes its entire ecosystem—Search, Android, Chrome, YouTube, Workspace, XR, and developer tools. The traditional paradigms of digital interaction are being redefined. Search is shifting from finding links to understanding intent and completing tasks. Android is transforming from an app-centric OS into an AI-native platform that orchestrates workflows across services. Chrome is becoming an AI reasoning layer over the web, while YouTube is evolving into a conversational knowledge engine. Google is heavily investing in Agentic AI, aiming for AI to act as a digital operator that executes tasks autonomously. Underlying this vision is the integration of Gemini across all products, making it the central nervous system. Key developments include Gemini Omni for multimodal generation, deeper product integrations, and a push into XR glasses for contextual, ambient computing. Google is positioning AI not as an optional feature but as essential infrastructure, akin to electricity. The broader implication is a competition for the next computing interface. Google's goal is not just to win in chatbots or models, but to become the operating system for the AI era by controlling the primary entry points—search, assistant, OS, and browser—and weaving them into a unified, intelligent layer. This represents a fundamental shift in computing paradigms that will impact creators, developers, businesses, and how all users interact with technology.

marsbit16 dk önce

Google's 2026 Roadmap is Hidden in This Keynote Speech

marsbit16 dk önce

‘Withdraw Insurance to Buy Stocks’: South Koreans Over 60 Are Borrowing to Bet on Samsung

South Korea's stock market has seen a frenzy, with the KOSPI nearly doubling in six months. This boom is fueled by a surge in retail investors borrowing to buy stocks, with outstanding margin loans hitting a record high. A significant portion of this debt is held by people over 50, with the 60+ age group seeing the fastest growth. Many are reportedly cashing out savings-type life insurance policies—even at a loss—to fund their stock investments. They are heavily concentrated in major semiconductor stocks like Samsung Electronics and SK Hynix, which have driven most of the market's gains. This trend is particularly risky for older investors, who are leveraging their limited retirement savings. While a market correction in March caused significant losses for leveraged accounts, the swift recovery and continued rally have reinforced risky behavior. Stories of quick profits on platforms like Blind further fuel the speculative rush. The phenomenon is partly driven by economic anxiety. With South Korea having a high elderly poverty rate and a low public pension replacement rate, some seniors see the booming market as a last chance to improve their finances. This "FOMO" (fear of missing out) sentiment is palpable, even in public parks where retirees gather and now discuss stock tips alongside their usual activities. Despite regulatory warnings and the inherent risks of leverage—especially for those with little time to recover from losses—the borrowing binge continues. The market's heavy reliance on a few tech stocks and its cyclical nature pose a substantial threat to these elderly investors, for whom a downturn could be catastrophic.

marsbit21 dk önce

‘Withdraw Insurance to Buy Stocks’: South Koreans Over 60 Are Borrowing to Bet on Samsung

marsbit21 dk önce

Deconstructing Anthropic: The Best AI Company Might Also Be an 'Organizational Invention'

Anthropic has emerged as one of the most compelling and fastest-growing AI companies. Its core strengths lie in strategic focus and unique organizational culture. Strategically, Anthropic concentrated early on coding as the critical path to AGI and commercial success, a focus driven by resource constraints and validated by market results. This contrasts with OpenAI's more expansive, multi-pronged approach. Co-founder Dario Amodei's technical conviction and low FOMO personality fostered this decisive focus. Organizationally, Anthropic has cultivated a distinctive culture characterized by: 1. **Deep Mission-Orientation:** A genuine, almost religious commitment to AI safety as the primary goal, even above corporate success. 2. **High Trust, Low Ego:** An environment where brilliant researchers collaborate effectively without internal politics or status battles. 3. **Strong Humanistic Values:** A bookish, idealistic ethos reflected in its hiring and model naming. This culture is maintained through rigorous cultural screening in hiring, extreme transparency and context-sharing from leadership (like Dario's frequent all-hands), a unique seven-cofounder equal-equity structure that disperses cultural influence, and a "one team" philosophy that minimizes silos. The culture stems partly from business necessity—excelling at the "dirty work" of data engineering for coding/agentic AI—and partly from Dario's negative experiences with political infighting at previous companies, motivating him to build Anthropic as an antithesis. While OpenAI remains a formidable competitor with greater resources and exploratory zeal, Anthropic demonstrates that success in the AI era can also come from focused bets, cohesive culture, and a steadfast mission, offering a distinct model of organizational invention.

marsbit34 dk önce

Deconstructing Anthropic: The Best AI Company Might Also Be an 'Organizational Invention'

marsbit34 dk önce

The Brutally Honest Truth About Bitcoin That Most People Miss

A crypto analyst warns of brutal truths about Bitcoin that many investors overlook. Despite recent price declines, most market participants remain overly optimistic about a major rally, though positive indicators like retail investor returns are scarce. Google searches for Bitcoin are rising as people consider buying during the downturn. The analyst notes widespread bullish sentiment, driven by factors like the CLARITY bill and hopes for interest rate cuts, with figures like Cathie Wood predicting Bitcoin could reach $1 million. However, the analyst highlights that the market heavily follows institutional players, and this cycle may be especially difficult for retail investors. A contentious issue involves quantum computing threats, with proposals to enhance security potentially targeting Satoshi Nakamoto's wallet, which holds 1 million BTC. The analyst cautions that the coming years could bring significant surprises and challenges.

bitcoinist36 dk önce

The Brutally Honest Truth About Bitcoin That Most People Miss

bitcoinist36 dk önce

Moutai Moment: When Liquidity Dries Up, Everyone Huddles Around HYPE and ZEC

In May 2026, a notable sentiment shift is occurring in the crypto market, symbolized by prominent Ethereum advocate David Hoffman selling his remaining ETH. While major assets like ETH and SOL struggle—ETH is down over 50% from its 2025 high—two assets, HYPE and ZEC, are rallying strongly. This divergence mirrors the "core asset crowding" phenomenon seen in traditional markets during liquidity crunches, where capital concentrates in few perceived safe havens. The market faces liquidity pressure, partly due to Bitcoin ETF outflows and stalled narratives for major Layer 1s. In contrast, Hyperliquid (HYPE) attracts capital due to its strong fundamentals as a leading decentralized perp exchange with substantial protocol revenue and a share of USDC reserve yields. Its tokenomics, heavily favoring users, add to its appeal. Meanwhile, Zcash (ZEC) surges as a "privacy beta" play, driven by growing fears over AI-driven deanonymization and quantum computing threats. Endorsements from figures like Arthur Hayes and Multicoin Capital's Tushar Jain, alongside regulatory clarity and ETF expectations, fuel its rise. This crowding poses risks. Similar to the A股白酒 rally that ended when liquidity returned, the current crypto crowding could unravel if macro conditions improve or if positions become too concentrated, leading to a sharp correction. The article concludes by questioning whether investors hold assets out of conviction or inertia and prompts consideration of what the next crowded trade might be.

marsbit1 saat önce

Moutai Moment: When Liquidity Dries Up, Everyone Huddles Around HYPE and ZEC

marsbit1 saat önce

İşlemler

Spot

Futures

Popüler Makaleler

US Nasıl Satın Alınır

HTX.com’a hoş geldiniz! Talus Network (US) satın alma işlemlerini basit ve kullanışlı bir hâle getirdik. Adım adım açıkladığımız rehberimizi takip ederek kripto yolculuğunuza başlayın. 1. Adım: HTX Hesabınızı OluşturunHTX'te ücretsiz bir hesap açmak için e-posta adresinizi veya telefon numaranızı kullanın. Sorunsuzca kaydolun ve tüm özelliklerin kilidini açın. Hesabımı Aç2. Adım: Kripto Satın Al Bölümüne Gidin ve Ödeme Yönteminizi SeçinKredi/Banka Kartı: Visa veya Mastercard'ınızı kullanarak anında Talus Network (US) satın alın.Bakiye: Sorunsuz bir şekilde işlem yapmak için HTX hesap bakiyenizdeki fonları kullanın.Üçüncü Taraflar: Kullanımı kolaylaştırmak için Google Pay ve Apple Pay gibi popüler ödeme yöntemlerini ekledik.P2P: HTX'teki diğer kullanıcılarla doğrudan işlem yapın.Borsa Dışı (OTC): Yatırımcılar için kişiye özel hizmetler ve rekabetçi döviz kurları sunuyoruz.3. Adım: Talus Network (US) Varlıklarınızı SaklayınTalus Network (US) satın aldıktan sonra HTX hesabınızda saklayın. Alternatif olarak, blok zinciri transferi yoluyla başka bir yere gönderebilir veya diğer kripto para birimlerini takas etmek için kullanabilirsiniz.4. Adım: Talus Network (US) Varlıklarınızla İşlem YapınHTX'in spot piyasasında Talus Network (US) ile kolayca işlemler yapın.Hesabınıza erişin, işlem çiftinizi seçin, işlemlerinizi gerçekleştirin ve gerçek zamanlı olarak izleyin. Hem yeni başlayanlar hem de deneyimli yatırımcılar için kullanıcı dostu bir deneyim sunuyoruz.

280 Toplam GörüntülenmeYayınlanma 2025.12.11Güncellenme 2025.12.11

Tartışmalar

HTX Topluluğuna hoş geldiniz. Burada, en son platform gelişmeleri hakkında bilgi sahibi olabilir ve profesyonel piyasa görüşlerine erişebilirsiniz. Kullanıcıların US (US) fiyatı hakkındaki görüşleri aşağıda sunulmaktadır.