Polymarket Cleared by U.S. Regulators, Paving Way for Potential Reentry

Polymarket, the blockchain-based prediction platform, has received formal clearance from both the Department of Justice and the Commodity Futures Trading Commission. Investigations into potential violations related to U.S. user access have been closed without charges—a notable shift in regulatory posture toward crypto markets.

The probes, launched in late 2023, centered on alleged breaches of a 2022 settlement prohibiting U.S. user participation. While authorities previously flagged workarounds like VPN usage, the lack of enforcement action signals evolving interpretations of compliance frameworks. The resolution follows heightened scrutiny, including an FBI raid on CEO Shayne Coplan's residence last November.

Market observers view the outcome as a potential inflection point for prediction markets and crypto derivatives. Polymarket now eyes operational expansion, with renewed focus on compliant U.S. market access strategies. The decision arrives amid broader regulatory recalibration of decentralized finance applications.