Polymarket has secured approval from the U.S. Commodity Futures Trading Commission (CFTC) to operate within the United States, marking a significant regulatory milestone for the prediction market platform. This approval allows Polymarket to expand its offerings under the oversight of the CFTC, enhancing its credibility and operational scope.
In contrast, Kalshi, another prediction market platform, has been banned from selling sports betting products in Nevada. This decision comes after a previous ban was lifted, indicating ongoing regulatory challenges for Kalshi in the state. The ban highlights the complex regulatory landscape for prediction markets in the U.S.
CFTC Approves Polymarket, Kalshi Faces Nevada Ban
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