CFTC Approves Polymarket to Operate Crypto Prediction Markets

The Commodity Futures Trading Commission (CFTC) has approved Polymarket, a crypto prediction platform, to operate in the United States.

The CFTC's Divisions of Market Oversight and Clearing and Risk issued a no-action letter regarding swap data reporting and recordkeeping regulations, allowing Polymarket to begin US operations.

Polymarket, established in 2020, is a cryptocurrency-based prediction market based in New York City, and this approval allows it to continue its growth. Show Less

https://watcher.guru/news/cftc-approves-polymarket-to-operate-crypto-prediction-markets
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