Polymarket Applies for Futures Commission Merchant License in the U.S.
Polymarket has filed an application with the National Futures Association to obtain a Futures Commission Merchant (FCM) license, which would allow it to offer margin trading services to U.S. users. The move aims to enable traders to open leveraged positions by posting only a portion of required capital. Approval from the Commodity Futures Trading Commission is still pending.
Topics: futures_commission_merchant margin_trading prediction_markets