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Polymarket reportedly buys exchange to return to U.S.
video The crypto-based prediction market platform, Polymarket, is reportedly acquiring the QCX trading exchange to re-enter the U.S. market, Bloomberg reported on July 21. The latest report comes only days after the publication reported that the U.S. Department of Justice and Commodity Futures Trading Commission (CFTC) reportedly told Polymarket that they were closing their probe into the company. Launched in 2020, the New York City-headquartered Polymarket is the world’s largest prediction market. It lets traders predict events as diverse as crypto prices, election results, inflation data, and box office numbers ... (full story)
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