Summary
- Polymarket said it received authorization to provide services from the U.S. Commodity Futures Trading Commission (CFTC).
- It said this measure means the decentralized prediction market platform can legally provide services in the United States.
- It said the regulatory approval is expected to influence the activation of the U.S. prediction market.
Decentralized prediction market platform Polymarket can now officially provide services in the United States.
On the 3rd (local time), Polymarket CEO Shane Koplan said on X (formerly Twitter), "received authorization from the U.S. Commodity Futures Trading Commission (CFTC) to provide services in the United States."
This action is an example of regulators granting prediction markets an opportunity to enter the institutional framework, and it is expected to have a significant impact on the activation of related markets in the United States.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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