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CFTC Expands Polymarket’s Designation to Allow Intermediated Trading in U.S.

From financemagnates.com

The Commodity Futures Trading Commission (CFTC) issued an Amended Order of Designation to Polymarkets on Monday, allowing the predictions platform to operate a fully regulated, intermediated trading venue in the U.S. The approval means U.S. users will be able to access Polymarket contracts through futures commission merchants and traditional brokerage channels. The decision places the prediction-market operator under the same regulatory obligations as federally supervised exchanges. It comes as Polymarket prepares to resume operations in the United States after securing approval from the CFTC that ending a years-long ... (full story)

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