Polymarket wins regulatory approval to operate US trading platform

Polymarket has received official authorization from the U.S. Commodity Futures Trading Commission (CFTC) to operate as a fully regulated prediction market platform in the United States, marking a significant milestone for the company. This approval allows Polymarket to resume its operations after a period of regulatory uncertainty.

The U.S. Commodity Futures Trading Commission (CFTC), led by Acting Chairman Caroline Pham, is seeking nominations for a new 'CEO Innovation Council' aimed at shaping policies related to cryptocurrency and digital assets. This initiative is part of a broader effort to adapt the regulatory framework to the evolving landscape of financial markets.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to operate its prediction market platform in the United States, marking its official return under full regulatory compliance. This development follows a period of uncertainty regarding the regulatory landscape for cryptocurrency platforms in the U.S.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to launch regulated prediction markets in the United States, marking a significant milestone for the platform's operations. This approval allows Polymarket to operate under full regulatory compliance, enhancing its legitimacy in the cryptocurrency sector.

Polymarket has received approval from the Commodity Futures Trading Commission (CFTC) to operate a regulated prediction market platform in the United States, marking a significant step towards its formal reopening in the U.S. market. This approval allows Polymarket to establish a fully regulated exchange structure, enhancing its compliance with U.S. regulations.

Galaxy Digital is exploring a market-making role for prediction-market platforms Polymarket and Kalshi, as institutional interest in event-driven trading grows. This collaboration aims to enhance liquidity on these platforms, which are gaining traction among major trading entities.

Bitcoin (BTC) has shown signs of stabilization as traders on Polymarket express a leaning towards a potential rate cut by the Federal Reserve in December. This comes amid a backdrop of fluctuating prices and market pressures, with Bitcoin's value hovering around $90,000 despite recent volatility.