Polymarket seeks CFTC approval to reopen main exchange to US traders
Updated
Updated · Bloomberg · Apr 28
Polymarket seeks CFTC approval to reopen main exchange to US traders
10 articles · Updated · Bloomberg · Apr 28
Polymarket has recently held discussions with Commodity Futures Trading Commission officials about lifting its ban on US-based customers.
The company has barred Americans from its international platform since 2022, after regulatory issues, and its US-based alternative has not fully launched.
Reopening access for US traders could significantly boost Polymarket and the broader prediction market industry, which has seen rapid growth despite regulatory hurdles.
With a $325 billion projection, could a CFTC deal for Polymarket unleash a trillion-dollar market?
As federal and state authorities clash, are prediction markets the future of finance or just unregulated gambling?
Will the CFTC's new rules finally define these controversial markets as futures, swaps, or something new?
How can regulators stop national security secrets from becoming tradable assets on prediction markets?
After a soldier allegedly profited from war intelligence, can these platforms truly prevent insider trading?
Why do tribal casinos and states call prediction markets 'unlawful gambling dressed up as finance'?