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Polymarket Readies November Rollout in U.S. After $10B Valuation Talk
Polymarket, the crypto-based prediction platform, is preparing to reopen trading for U.S. users after securing regulatory clearance from the Commodity Futures Trading Commission (CFTC), according to Bloomberg. The company expects to roll out limited trading options focused on sports betting before the end of November, people familiar with the plan said. The return would mark the first time in more than two years that U.S. users can legally access Polymarket’s markets. The CFTC previously fined the company $1.4 million in 2022 for offering unregistered event-based contracts. Since then, Polymarket has operated ... (full story)