Polymarket Wins CFTC Greenlight for Intermediated US Market Access
Summary
Polymarket has received formal approval from the US Commodity Futures Trading Commission (CFTC) via a revised designation order, allowing it to operate with full regulatory oversight in the US. This approval enables the on-chain prediction market to work with regulated intermediaries, such as futures commission merchants (FCMs), to offer intermediated access nationwide, moving it into compliance with federally supervised exchange standards. To achieve this, Polymarket enhanced its surveillance, oversight, clearing, and reporting systems. This regulatory clarity signals a more open approach from US regulators toward prediction markets and unlocks institutional participation, potentially expanding the platform's scale and liquidity significantly. The news coincides with Polymarket's strong momentum, including seeking new capital at a $12 billion valuation, significant institutional investment from Intercontinental Exchange (ICE), and rapid user growth, positioning it for a major expansion phase.
(Source:BeInCrypto)