Nikolas Sargeant
Polymarket has received regulatory approval to launch in the United States following a Commodity Futures Trading Commission (CFTC) ruling, marking a significant milestone for the crypto-based prediction markets platform. CEO Shayne Coplan announced on X that "Polymarket has been given the green light to go live in the USA by the CFTC," crediting the commission and its staff for their swift regulatory process.
The approval comes through a CFTC no-action letter on event contracts, which provides the regulatory clarity Polymarket needed to operate domestically. The platform, which gained widespread attention during the 2024 presidential election for its political prediction markets, had previously been restricted from offering services to US users due to regulatory uncertainty. The no-action letter effectively cleared Polymarket to operate in the United States under QCX's license.
Coplan praised the regulatory process, stating that "this process has been accomplished in record timing," highlighting the expedited nature of the CFTC's decision. The announcement represents a major development for prediction market adoption in the US, as Polymarket became one of the most prominent platforms in the space during the recent election cycle, demonstrating significant user engagement and market activity.
The regulatory approval positions Polymarket to compete directly in the US prediction markets space, potentially expanding access to event-based trading for American users. The company has also recently appointed Donald Trump Jr. to its advisory board as it prepares to dominate US prediction markets, signaling its strategic focus on the American market following this regulatory breakthrough.
The timing of the CFTC approval aligns strategically with Polymarket's recent expansion efforts, which include Donald Trump Jr.'s appointment to the advisory board following a strategic investment from 1789 Capital, where the president's son serves as a partner. Company data shows Polymarket handled approximately $6 billion in predictions during the first half of 2025, demonstrating significant growth momentum ahead of its US market entry. The platform has also strengthened its institutional presence through partnerships with major platforms and is reportedly considering launching its own stablecoin to enhance its ecosystem, positioning itself as a comprehensive prediction market solution for American users.
