Polymarket Returns to U.S. After Years of Regulatory Challenges

The company, Polymarket, has received approval from the Commodity Futures Trading Commission (CFTC) to resume its operations in the United States after years spent relocating overseas due to regulatory hurdles. According to CEO Shayne Coplan’s announcement on Wednesday, the CFTC granted exemptions for record-keeping and data reporting requirements while also confirming it will not enforce actions against QCX, a regulated derivatives exchange acquired by Polymarket in July. This permission from the CFTC effectively enables Polymarket to operate under QCX’s existing license within the U.S.