Following legal setbacks that limited access for American investors back in 2022, the Commodity Futures Trading Commission (CFTC) officially approved Polymarket’s launch as a crypto-based prediction market in the United States.

Polymarket To Enter US Market

Shayne Coplan, Polymarket’s CEO, shared the news on X (formerly Twitter), stating that the prediction platform has been given the green light to launch in the US. He credited the regulatory agency and its staff for accomplishing the process in “record time.”

The CFTC’s decision comes alongside a no-action position taken by its Division of Market Oversight and the Division of Clearing and Risk. This position responds to a request from QCX LLC, a designated contract market, and QC Clearing LLC, a derivatives clearing organization

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