CFTC Grants Polymarket Approval to Operate Crypto Prediction Markets in the US

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2025-09-03 20:20:01

BTCCSquare news:

The Commodity Futures Trading Commission (CFTC) has given Polymarket the green light to operate its cryptocurrency-based prediction market in the United States. The CFTC's Divisions of Market Oversight and Clearing and Risk issued a no-action letter, exempting Polymarket from certain swap data reporting and recordkeeping requirements.

Polymarket, headquartered in New York City, allows users to bet on real-world events using cryptocurrency. The platform's approval marks a significant step for regulated crypto prediction markets in the US, following similar no-action letters granted to other designated contract markets.

By:

Log in to Reply

Figma Stock Plunges 39% in August After IPO Frenzy

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.