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[SITUATION] · [ACTIVE]

2 clusters · 16 sources · 16 days · First seen 17 days ago · Last updated about 20 hours ago

Categories: BUSINESS

Binance.US US market revival

Entities: Polymarket · Prediction Markets · Commodity Futures Trading Commission · U.S. Commodity Futures Trading Commission (CFTC) · Rare Evo blockchain conference

Overview

In July 2026 Binance.US began a two‑pronged effort to recover its lost U.S. market share. On 13 July the exchange announced a near‑zero fee schedule—0 % maker and 0.02 % taker on all spot pairs—to attract retail and high‑frequency traders who had migrated to rivals. CEO Stephen Gregory framed the fee cut as part of a broader comeback plan that also includes pursuing licences for derivatives and expanding custody services.

Two weeks later, on 29 July, Binance.US disclosed that it would apply to the U.S. Commodity Futures Trading Commission for a Designated Contract Market (DCM) licence. The licence would enable a regulated derivatives platform and allow the launch of event‑based prediction‑market contracts alongside futures and options. The move is presented as another pillar of the revival strategy, aiming to diversify beyond spot trading and compete with existing U.S. prediction‑market providers.

Together, the fee reduction and the pending DCM application illustrate Binance.US’s systematic push to rebuild its presence in the United States after regulatory setbacks reduced its market share from roughly 20 % in 2022 to near‑zero.

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 12 SOURCES] CEO Steve Gregory announced the plan at the Rare Evo blockchain conference in Las Vegas. (existing)
[● 12 SOURCES] As of the announcement, Binance US was not listed on the CFTC’s public pending DCM applications list. (existing)
[● 12 SOURCES] Binance US will apply for a Designated Contract Market (DCM) license from the U.S. Commodity Futures Trading Commission in August. (existing)
[● 12 SOURCES] Binance US’s U.S. market share fell from about 20% in 2022 to near zero after regulatory actions. (existing)
[● 12 SOURCES] The global Binance group settled a $4.3 billion case with U.S. authorities in 2023 over sanctions and money‑transmission violations. (existing)
[● 12 SOURCES] CFTC approval for the DCM application could take several months and is not guaranteed. (existing)
[● 12 SOURCES] Binance US aims to compete with existing prediction‑market platforms Kalshi and Polymarket. (new)
[● 4 SOURCES] A DCM license would allow Binance US to offer regulated prediction‑market contracts to U.S. customers. (Regulated prediction market offering enabled by DCM status)

Timeline

about 20 hours ago

[BUSINESS] 12 sources
Binance US to Seek CFTC Designated Contract Market License for Prediction Markets
Binance US will apply for a CFTC Designated Contract Market license in August, aiming to launch regulated prediction markets and regain market share after its U.S. share fell from 20% to near zero.
17 days ago

[BUSINESS] 5 sources
Binance.US launches near‑zero fees to regain U.S. crypto market share
Binance.US will charge 0% maker and 0.02% taker fees on all spot pairs, seeking to win back market share after regulatory setbacks and to pressure rivals like Coinbase.

Sources

blockonomi.com · blocktempo.com · coingape.com · coinpedia.org · cointelegraph.com · criptotendencias.com · crypto.news · cryptobriefing.com · cryptonomist.ch · cryptopolitan.com · klubkreatywnych.pl · livebitcoinnews.com · pymnts.com · reglok.ca · techbullion.com · tokenpost.com