Polymarket, a decentralized prediction market, has secured approval from the U.S. Commodity Futures Trading Commission (CFTC) to amend its designation, enabling it to offer brokerage access to U.S. users. This revised Order of Designation allows Polymarket to connect directly with brokers and users, leveraging traditional financial infrastructure such as custody, clearing, and reporting through Futures Commission Merchant (FCM) channels.
The company has enhanced its monitoring, market oversight, and clearing processes, alongside improving its Part 16 regulatory reporting capabilities. Polymarket plans to implement additional intermediary trading rules ahead of its official launch, ensuring compliance and robust market operations.
Polymarket Gains CFTC Approval for U.S. Brokerage Access
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