- Over the past weeks polymarket discussed with representatives of the US Commodity Futures Trading Commission the possibility of lifting the ban on its activities in the United States.
- In 2022 year polymarket settled a dispute with the Commodity Futures Trading Commission by paying $1,4 million for offering unlicensed contracts.
The world’s largest forecast trading platform polymarket is in active negotiations with the Commodity Futures Trading Commission (CFTC) to lift the voluntary ban that has prevented American traders from trading on the company’s main international platform since 2022.
According to Bloomberg, the negotiations go have been underway for several weeks now, and if successful, it would represent the most significant expansion of access to a regulated prediction market in the US to date.
A full return to the United States will also increase competition in the country’s fast-growing prediction market sector, where competitors such as Kalshi have strengthened their position despite increasing scrutiny from legislation and regulators at both the state and federal levels.
It’s worth noting that these negotiations are taking place at a challenging time for the CFTC. The agency can have up to five commissioners, but currently only Chairman Michael Selig is among them. This raises questions about the concentration of power in the hands of one person at a time when prediction market regulation is particularly active.
polymarket has not yet made significant progress in resuming operations in the United States. In December 2025, the company announced launching their American app, with access only to those who signed up on a waitlist. Initially, the app was focused exclusively on sports contracts, but in polymarket stated, that “markets for everything else will follow.” However, this never helped the platform reach its 2024 record high. bypass new leader Kalshi.
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