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Polymarket Gains CFTC Approval To Let U.S. Users Trade Through Brokerages

Polymarket Gains CFTC Approval To Let U.S. Users Trade Through Brokerages

Polymarket on Tuesday announced it has received approval from the U.S. Commodity Futures Trading Commission to offer intermediated access for American users, allowing trading on the prediction platform through registered brokerages.

What Happened

The agency issued an amended order of designation enabling Polymarket to operate under the full regulatory framework applied to federally supervised exchanges, the company said.

The decision clears the way for Polymarket to integrate with futures commission merchants and other intermediaries, giving U.S. customers the ability to trade prediction markets through traditional custody and reporting channels.

Why It Matters

It marks a significant shift for the company, which has previously faced regulatory scrutiny over its U.S. operations.

Shayne Coplan, Polymarket’s founder and chief executive, said the approval reflects the company’s efforts to align with U.S. oversight standards.

“This approval allows us to operate in a way that reflects the maturity and transparency that the U.S. regulatory framework demands,” Coplan said, adding that Polymarket will complete additional rule and systems updates before its official relaunch.

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As part of the amended order, Polymarket has implemented upgraded surveillance tools, expanded supervisory procedures, new clearing processes, and regulatory reporting capabilities consistent with CFTC Part 16 requirements.

The company will also introduce further intermediated-trading policies ahead of reopening U.S. access.

Polymarket remains subject to all provisions of the Commodity Exchange Act and CFTC rules governing designated contract markets, including self-regulatory obligations.

Founded in 2020, Polymarket operates one of the most active online prediction platforms globally, allowing users to trade on event-outcome markets spanning politics, economics, and current events.

The company previously settled with the CFTC in 2022 over offering unregistered event contracts in the United States, after which it restricted access for U.S. consumers while seeking a compliant regulatory pathway.

The CFTC’s amended designation order marks the first time Polymarket will be permitted to operate a fully intermediated model in its home market, enabling U.S. traders to access contracts through regulated financial institutions.

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Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.
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