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CFTC gives Polymarket the ‘green light’ to return to the US

The Owner Press by The Owner Press
September 5, 2025
in Business News
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Polymarket logo in white lettering on a blue background. Polymarket returns to the US with $112 million acquisition

Polymarket has been given the ‘inexperienced mild’ by the CFTC, as introduced by the prediction market’s CEO on social media.

In a notice shared on September 3, the Commodity Futures Buying and selling Fee (CFTC) confirmed that it had taken “a no-action place relating to swap knowledge reporting and recordkeeping laws for occasion contracts”.

“The divisions won’t suggest the CFTC provoke an enforcement motion towards both entity or their individuals for failure to adjust to sure swap-related recordkeeping necessities and for failure to report back to swap knowledge repositories knowledge related to binary possibility transactions and variable payout contract transactions executed on or topic to the principles of QCX LLC and cleared by way of QC Clearing LLC, topic to the phrases of the no-action letter,” concluded the assertion.

CEO Shayne Coplan took to X to have fun Polymarket returning to the US, writing: “Polymarket has been given the inexperienced mild to go stay within the USA by the CFTC. Credit score to the Fee and Workers for his or her spectacular work. This course of has been completed in report timing. Keep tuned.”

Polymarket has been given the inexperienced mild to go stay within the USA by the @CFTC.

Credit score to the Fee and Workers for his or her spectacular work. This course of has been completed in report timing.

Keep tuned https://t.co/NVziTixpqO

— Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025

Polymarket’s place within the US

The CFTC and the Justice Division ceased their investigations of whether or not Polymarket was accepting bets from US-based people in July and didn’t file any prices towards the corporate. This occurred towards the background of prediction markets generally going through stress from the general public and authorities, notably round their activity in states where sports betting is illegal.

Polymarket then introduced that it had closed its acquisition of QCX, with Coplan stating that this was “a major step” towards establishing Polymarket within the US.

Simply final week, Donald Trump Jr. joined Polymarket’s advisory board and injected a hefty monetary funding through 1789 Capital, the funding agency of which he’s a associate. This was one more sign of Polymarket’s deal with the US.

Featured picture: Polymarket

The submit CFTC gives Polymarket the ‘green light’ to return to the US appeared first on ReadWrite.





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