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Polymarket Cleared for U.S. Return by CFTC
The leading predictions market is ready for its stateside return.
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Polymarket, the crypto-native prediction market platform, has officially received regulatory clearance to operate in the U.S., following a no-action letter issued by the Commodity Futures Trading Commission (CFTC).
What’s the Scoop?
- Greenlight from regulators: The CFTC’s Divisions of Market Oversight and Clearing and Risk issued a no-action position regarding swap data and recordkeeping rules tied to Polymarket’s event contracts, enabling the company to operate under specific conditions through QCX, a regulated derivatives exchange it recently acquired.
- Backed by Trump Jr. and Musk’s X: Polymarket gained momentum after Donald Trump Jr. joined as an investor and advisor in July. That same month, Elon Musk’s X platform said it was “joining forces” with the company.
- User activity surging again: Polymarket reported a 44% month-over-month rise in new markets during July, reaching 11,500, though still below its January peak. The 2024 U.S. election cycle continues to drive growth in onchain prediction markets.
- CEO confirms the move:
Polymarket has been given the green light to go live in the USA by the @CFTC.
— Shayne Coplan 🦅 (@shayne_coplan) September 3, 2025
Credit to the Commission and Staff for their impressive work. This process has been accomplished in record timing.
Stay tuned https://t.co/NVziTixpqO