Summary
- Polymarket said that to resume services in the U.S., it submitted related documents to the SEC.
- Polymarket said it recently received approval to operate in the U.S. from the CFTC, and U.S. users are expected to be able to use the platform soon.
- It said the service resumption is expected to have an important impact on the regulatory environment for decentralized prediction markets and the virtual asset market.
On the 1st (local time), according to the virtual asset (cryptocurrency) media CoinDesk, decentralized prediction market platform Polymarket is confirmed to be preparing to resume services in the United States within days. Polymarket submitted related documents to the U.S. Securities and Exchange Commission (SEC) for this purpose.
Polymarket had been banned from providing services in the U.S. for the past 4 years, but recently received approval to operate in the U.S. from the Commodity Futures Trading Commission (CFTC). Accordingly, U.S. users are expected to be able to use the Polymarket platform again soon.
Polymarket's service resumption is expected to be an important turning point in the decentralized prediction market sector, and attention is focused on the potential impact it may have on the virtual asset market and the regulatory environment.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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