Polymarket in talks with CFTC to end four-year ban on American customers: Report
Summary
Polymarket is reportedly in talks with the Commodity Futures Trading Commission (CFTC) to end a four-year ban on American customers, which could allow US users to access its prediction market platform again. The exchange blocked US traders in 2022 due to regulatory issues and has since been developing a US-based version. Any relaunch would require CFTC approval, especially with ongoing competition and regulatory scrutiny over US users accessing the platform via VPNs. If successful, Polymarket could integrate its blockchain system with US operations, bringing its core platform under US regulation and expanding its market reach.
(Source:Crypto Briefing)