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Polymarket Acquires QCX for US Market Re-entry Amid Regulatory Progress
Polymarket Acquires QCX for US Market Re-entry Amid Regulatory Progress
20
2
BTCCSquare news:
Polymarket is strategically positioning itself to re-enter the US market by acquiring QCX, a derivatives exchange allegedly compliant with US regulations. The MOVE follows positive signals from regulators and the closure of an investigation, paving the way for resumed operations.
The acquisition aims to capitalize on growing demand for crypto-based prediction markets. QCX's regulatory framework could streamline Polymarket's compliance process, with management emphasizing a commitment to security and transparency.
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