Polymarket Seeks Full US Comeback Via CFTC Approval Talks
Summary
Polymarket is reportedly in discussions with the US Commodity Futures Trading Commission (CFTC) to gain approval for a full relaunch of its main prediction markets platform to US users. This move aims to reverse a restriction imposed after a 2022 settlement where Polymarket paid a $1.4 million penalty and blocked US users due to unregistered event contracts. While Polymarket had a limited US reentry in late 2025 with sports event contracts via a regulated setup, its main international exchange remains inaccessible to Americans. A formal CFTC vote would be required for the prohibition to be lifted, a process potentially expedited by vacant commissioner seats. Such a relaunch would intensify competition in the growing US prediction market sector, which faces ongoing legal and regulatory scrutiny. Rivals like Kalshi have already established a stronger presence, and both platforms are currently facing legal challenges, including a recent lawsuit from Wisconsin's Attorney General alleging illegal sports betting facilitation and accusations of a US soldier using classified information to profit on Polymarket's international exchange via a VPN.
(Source:Cointelegraph)