U.S. CFTC Grants Polymarket’s QCX Regulatory Flexibility for Prediction Market Expansion

The U.S. Commodity Futures Trading Commission has issued a no-action letter to Polymarket's newly acquired QCX platform, exempting it from certain disclosure and data requirements. This MOVE signals a thaw in regulatory tensions as prediction markets gain traction.

QCX, licensed in July before its acquisition by Polymarket, now operates under defined parameters without enforcement risk. The decision reflects a broader shift in the CFTC's approach to event contracts, though prediction markets remain implicitly addressed rather than explicitly sanctioned.

Polymarket's return to U.S. operations marks a reversal from its 2022 regulatory exit. The sector's resurgence parallels growing institutional acceptance, with competitors like Kalshi also benefiting from relaxed oversight. Market visibility has increased proportionally with these regulatory developments.