Polymarket Set to Re-enter US Market: Regulatory Green Light Fuels Comeback

Crypto prediction platform Polymarket is poised to make a significant comeback in the US market this November after receiving regulatory clearance from the Commodity Futures Trading Commission (CFTC). The company’s initial focus will be on limited sports betting services, launching shortly before late November. This move follows the CFTC’s no-action letter, allowing Polymarket to operate without fear of potential legal challenges during its early re-entry phase. This development signals a major shift in the regulatory landscape for crypto prediction markets and their growing acceptance in the US.