Polymarket Returns to U.S. Market in Beta Phase with Regulatory Compliance
Polymarket has quietly soft-launched its U.S. exchange in beta, marking a tentative return to the American market after years of operating overseas. A handful of users are already trading with real contracts as the company fine-tunes its systems ahead of a broader rollout.
The relaunch follows a 2022 settlement with the CFTC, where Polymarket admitted to operating as an unregistered derivatives platform and paid a $1.4 million penalty. This time, the platform is built on compliance, having acquired QCX—a CFTC-approved entity that functions as both a derivatives exchange and clearinghouse.
In a strategic expansion move, Polymarket announced its integration with Yahoo Finance as the platform's exclusive prediction market partner. The partnership could significantly widen Polymarket's reach, though regulatory scrutiny remains heightened in the current environment.
