Polymarket Seeks U.S. Market Access as CFTC Considers Approval
Polymarket, a major prediction market platform, is seeking to lift a four-year ban on U.S. users for its on-chain exchange, following discussions with the CFTC. The CFTC, under Chairman Michael Selig, is evaluating the request, which could mark a significant shift in regulatory stance toward prediction markets. The company previously settled a $1.4 million penalty in 2022 for operating an unregistered platform.
Topics: CFTC Cryptocurrency Exchange Licensing Prediction Markets Regulation