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Polymarket Seeks Full US Comeback Via CFTC Approval Talks

Cointelegraph
Polymarket is in talks with the CFTC to lift restrictions and fully relaunch its prediction markets in the US.

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)