2026-01-09 02:24:07

The U.S. Commodity Futures Trading Commission (CFTC) recently issued a no-action letter to the trading platform Bitnomial, which means that the agency will not take enforcement action against it for not fully complying with certain regulatory requirements for the time being. This letter effectively clears the main regulatory hurdles for the platform to launch event contracts in the U.S. market.

Event contracts, as a type of derivative instrument, allow traders to speculate on or hedge against the outcomes of specific events. These products have long been in a regulatory gray area, and exchanges often face significant legal risks when launching such products. The issuance of the no-action letter indicates that regulators have a somewhat approving attitude towards the platform's compliance efforts and are willing to give it some room for trial and error. This is an important signal for platforms looking to expand their product lines and innovate trading varieties—by actively communicating and cooperating with regulators, even if they cannot meet all requirements perfectly at the moment, they may still obtain the necessary regulatory approval.

From a broader perspective, this reflects a gradual shift in the attitude of U.S. regulators in the field of crypto derivatives from strict regulation to conditional approval. For the entire crypto market, such regulatory breakthroughs help promote product innovation and market development.

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airdrop_whisperer

· 01-12 00:21

Oops, now Bitnomial has finally gotten a handle on it. The no-action letter system is basically the regulatory authorities' way of "watching first." Speaking of which, legalizing event contracts could indeed be a turning point for the entire ecosystem... Wait, here comes the question—if the US relaxes regulations, will other countries follow suit? I'm a bit worried that this might become the next tool for abuse again. But I have to admit, the CFTC's attitude this time is definitely much softer than before. Feels like the regulators are slowly learning to coexist with Web3.

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BlockImposter

· 01-10 05:21

The no-action letter really shows that regulators are easing up this time, and Bitnomial is handling it smoothly.

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RebaseVictim

· 01-09 22:31

Huh? The no-action letter was just issued like that? Are regulators really starting to loosen up? --- Bitnomial's move is quite clever; they can get through by playing cat and mouse with the SEC. --- Event contracts finally have a chance to thrive; this gray area has been endured for too long. --- Basically, it's just regulators backing down, or maybe they want to let you try first. --- Now other platforms also have to figure out how to cozy up to the SEC; they might as well all learn from Bitnomial. --- By the way, why do we always have to wait for the US to give the green light before acting? When will we no longer have to look at the US's face? --- Innovation in derivatives is unbeatable; are regulatory agencies being pushed by the market?

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fomo_fighter

· 01-09 02:54

Wow, it looks like Bitnomial has finally gotten a foot in the door. The no-action letter sounds like regulators are easing up. Holy crap, is the US really going to allow event contracts? It seems like the major event tokens are about to take off. This move is pretty bold, forcing its way out of the gray area... Other platforms should be getting anxious now. Why does it feel like the regulatory authorities suddenly became "lenient," or is it just giving the leading platforms the green light? But on the other hand, if this really opens up, the derivatives market is going to heat up again.

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CounterIndicator

· 01-09 02:53

Wow, is this the legendary "winning by pushing the boundaries"? The Americans have finally woken up.

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ForkTongue

· 01-09 02:53

Wow, is this wave of regulation really loosening? This is the signal we've been waiting for. --- Another no-action letter, Americans are finally waking up. --- Event contracts can finally be played openly and legitimately, awesome. --- Peace talks so quickly? Even the gray areas can be tested and corrected. Alright, I believe in this. --- Regulatory approval is granted, next step is the crazy innovation period, get ready to take off. --- This thing should have been loosened from the start; the efficiency is truly impressive. --- Bitnomial was named, other platforms need to catch up quickly. --- Conditional approval is a hundred times better than outright bans. Finally seeing some hope. --- Communication and cooperation are what bring benefits; only by being honest can we reap the rewards. --- Is the US really embracing innovation? Or is this just another smoke screen?

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SpeakWithHatOn

· 01-09 02:51

no-action letter This move is truly awesome; even the gray areas can be played creatively.

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