Summary
- It reported that Polymarket received CFTC approval and officially launched its app in the United States.
- This measure made access for U.S. users possible and said Polymarket's entry into the U.S. market has been accelerated.
- However, it said the pace of growth may vary depending on securing operational stability and regulatory compliance.
Prediction market Polymarket received approval from the U.S. Commodity Futures Trading Commission (CFTC) and officially launched its app in the United States. Polymarket's access restrictions in the U.S. have been lifted, and services for U.S. users are being resumed within the regulatory framework.
On the 3rd (local time), according to crypto-focused media CryptoBriefing, Polymarket received CFTC approval and officially launched its U.S. app. This measure allows Polymarket to secure access routes for U.S. users and to expand its prediction market business in the U.S. market.
Polymarket is a virtual-asset-based prediction market platform that has offered products in which users trade at probability-based prices on various event outcomes. The U.S. app launch has drawn market attention because Polymarket went through approval procedures with U.S. regulatory authorities.
Market observers say Polymarket's U.S. app launch could accelerate competition across the prediction market industry to enter the regulated sector. In particular, because of Polymarket's user base and the characteristics of its trading structure, regulatory clarity is directly linked to business expansion, so there is an emphasis on operational stability following CFTC approval.
However, it is difficult to conclude that Polymarket's resumption of U.S. services will immediately mean an increase in trading volume or changes in the competitive landscape. The speed of adoption in the U.S. may vary depending on subsequent operational approaches such as prediction market product design, user protection measures, and compliance systems.


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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