Former PlayUp US CEO Laila Mintas Seeks CFTC Approval for 365Prediction Exchange

Laila Mintas, formerly the CEO of PlayUp US, is advancing her venture into the prediction market space by seeking approval from the Commodity Futures Trading Commission (CFTC). Her startup, 365Prediction, aims to establish a federally regulated exchange for prediction markets.

Mintas has been a vocal proponent of prediction markets, advocating for their potential and integration into the broader financial and betting ecosystems. This move signifies a serious effort to bring a regulated platform to this burgeoning sector.

The application to the CFTC represents a critical step towards launching 365Prediction. Securing federal approval would position the exchange as a legitimate and compliant player in the market, potentially paving the way for wider adoption and acceptance of prediction markets in the US.