Binance Wallet has integrated BNB Smart Chain-based predictfun as its official prediction market provider. Predictfun is backed by YZi Labs, formerly Binance Labs, the centralized exchange’s venture capital arm.
The integration allows Binance Wallet users to access prediction market functionality directly within the wallet interface without bearing transaction costs on the BNB network.
The move comes amid broader regulatory scrutiny of prediction markets in the U.S., including recent CFTC action seeking to enjoin Arizona from enforcing criminal and civil penalties against prediction market operators. Predictfun operates as a decentralized prediction market platform, and the Binance Wallet integration represents a major distribution channel for the protocol.
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